Bureau
Veritas Consumer Products Services division
in collaboration with Global Sources developed a
new "Supplier Capability
Assessment" program based on the good
practice principles used by international
retailers and brands. The objective of this
program is to give you additional confidence
when reviewing supplier information, because you
know that all details have been verified by an
independent third party.
A Global Best Practice Solution
The Bureau Veritas
"Supplier Capability
Assessment" program is not designed to
be a performance standard but rather an
information validation program against
established criteria providing buyers with
trustworthy and independent third-party
information on the supplier's stated claims and
capabilities.
The Criteria for Supplier Information
Validation The criteria used in the
"Supplier Capability
Assessment" program is listed in a
questionnaire with the following categories:
1. Factory Overview 2. Legal Entity and
Personnel 3. Export Markets and Key
Clients 4. Product and Production
Capabilities 5. Management Systems and
Accreditations 6. Quality Control Management
and Development/Expansion Plans
The Supplier Capability Assessment consists
of an onsite visit of the supplier by Bureau
Veritas auditors/inspectors. Following each
onsite assessment, a report is submitted to
Global Sources who issues the Supplier
Capability Assessment report, along with
supporting documents such as digital photos,
copies of factory certifications, business
licenses and organizational charts.
Companies worldwide make better business
decisions when using Bureau Veritas to compare
supplier performance, improve product compliance
and minimize risk.
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