A technical vendor assessment entails the evaluation of various aspects of a supplier’s operations directly at their premises with the purpose of:
Determining the supplier's technical proficiency and capacity.
Ensuring a supplier’s compliance by assessing whether a supplier adheres to legislative requirements and standards relevant to its operations including compliance to ESG (Environmental, Social, and Governance criteria).
Identifying potential risks associated with the supplier's operations that may impact the company's supply chain or business operations.
How can we help?
We conduct physical assessments of suppliers using our proprietary assessment matrix, which evaluates key aspects within a supplier’s operations. Our comprehensive assessment report includes any findings or risks identified, along with photographs and supporting evidence, providing our clients with valuable insights into a supplier’s operations. Key functionalities evaluated include:
Compliance with the
Companies Act, B-BBEE Act,
and ESG criteria
Adherence to ISO 9001:2015
standards
Compliance with ISO 14001
environmental management
standards
Adherence to ISO 45001
occupational health and
safety standards
Compliance with relevant
ISO technical standards
where applicable
Technical capability, capacity,
and traceability of
the supplier
Client-Specific Requirements Addressed
What Are the Benefits?
Impartial view of a supplier’s compliance with
legislative and technical requirements, providing
a third-party perspective that
eliminates subjectivity.
Effective risk mitigation by gaining a
comprehensive understanding of the
supplier's operations and identifying potential
areas of concern or non-compliance.
Insight into a supplier’s technical
capability and capacity to
ensure they can meet your
specific requirements
and standards.
Protects the interests of directors and stakeholders by minimising the risk of reputational damage associated with non-compliant suppliers or substandard products/services.
Suppliers can address identified gaps or risks to improve their processes and enhance
overall quality.
How It Works
Client-specific requirements incorporated into the standard assessment matrix
The client identifies suppliers to be assessed
Supplier info and scope provided to Prochain
Arrangements made
Assessment at supplier’s premises
Collect legal & supporting documentation
Scoring of the supplier by applying Prochain’s bespoke matrix
Assessment report submitted
Continuous monitoring &
re-assessments