Quality Q&A : What Information Should You Evaluate for New Suppliers?
As a follow-up to an an article we posted to our blog earlier in the year, we wanted to go into more specifics regarding on-site supplier verification.
It’s not always cost-effective to do a comprehensive ISO based or general QMS audit for each supplier you’re considering working with. But, there are basic questions looming that you need to make the right decisions.
Start with a general business registration check. Is the supplier a legitimate business?
Next, run a credit/financial check.
Finally, another option for supplier verification is a basic on-site check. Information evaluated would include:
Factory Information Type of ownership, address & contact information
Production Capacity (Annual Basis) Category, total capacity, units shipped & % capacity
Export Markets U.S., EU, South America, etc. & % volume