Safety Compliance Management in Supply Chain
The scope and complexity of today’s global supply chains presents a significant challenge for organizations that must ensure their supplier compliance management is in line with both regulatory and corporate policies. And, the stakes are high.
Non-compliance can damage a company’s brand and reputation, lead to supply chain disruption and delays in new product launches, regulatory penalties or environmental health and safety issues. To avoid such potential costs, organizations need to be proactive in their approach to supplier compliance and all compliance requirements. They must carefully assess and qualify newly approved suppliers in the procurement process and evaluate supply chain risk that may be caused by existing suppliers and contractors.
Avetta improves supply chain visibility and simplifies contractor supplier compliance management through: