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: