Supplier Compliance and Accreditation

There are two major issues around Supplier Compliance and Accreditation.

• Jail terms and fines of up to $850,000
  The risks of non-compliance for a company are high and for directors, it could be very personal with jail terms of up to 2 years.
  If you have a subcontractor or supplier on site, under OH&S regulations your organisation is responsible for their safe working practices.  This is not a responsibility that can be outsourced.
  If a supplier provides you with dangerous products and you sell it, your organisation is liable.
  
• Unnecessary Cost
  Research in the US shows that most organisations do not track and measure the cost of poor supplier quality (COPQ) which may add up to over 10% of the organisation’s revenue.  Even worse, less than 50% of companies pursue cost recovery with their suppliers.

How much risk is your company unwittingly being exposed to? How much money is being wasted simply because cost recovery is too difficult?  metaSC’s iCiX solution will improve Supplier Compliance Management (SCM) and Supplier Quality Management (SQM) and drive the following benefits to

• Reduce your cost of compliance
• Improve your quality
• Protect your brand
• Improve your productivity
• Reduce your risk