Amid evolving challenges and increased regulatory oversight, numerous enterprises globally encounter substantial obstacles in establishing effective, goal-driven risk management within their supply chains.
The IFS Supply Chain Processes Check of IFS – International Featured Standards tackles these issues by offering a structured evaluation of supply chain management systems.
It is an innovative tool designed to help suppliers better understand and manage risks within their supply chains. This tool enables verification of the existence and effectiveness of processes to identify and monitor supply chain disruptions, challenges, and fraudulent activities.
The IFS Processes Check helps minimize business risks, identify improvement opportunities, increase transparency, and strengthen overall business resilience.
Key Elements of the IFS Supply Chain Processes Check
· The Commodity List
A detailed inventory of essential raw materials and ingredients utilized by the company, including their countries of origin and associated risk categories.
This list provides a clear understanding of overall supply chain risks.
· The Validation Module
Involves an evaluation by an auditor or assessor to determine whether the company has effective processes in place for managing supply chain risks.
The module can be conducted independently or integrated with the IFS Certification or other audit programs.
· Actionable Insights
The outcomes of the IFS Supply Chain Processes Check deliver valuable feedback on current practices and highlight opportunities for improvement.
Helps companies align with stakeholder expectations and adapt to evolving government regulations.
Benefits of the IFS Supply Chain Processes Check
The IFS Supply Chain Processes Check offers a user-friendly framework for enhancing supply chain security. With the free IFS auditXpress Neo Software, companies can access a comprehensive list of critical raw materials, simplifying the development of effective risk analyses.
Key Advantages
• Effective Risk Management
Proactively address supply chain risks to safeguard your business for both the present and the future.
• Enhanced Trust
Provide verified data and reliable results to strengthen relationships with business partners.
• Demonstrated Commitment
Showcase dedication to robust supply chain risk management practices.
• Regulatory Preparedness
Stay ahead of EU and regional regulations by aligning with compliance requirements.
• Increased Transparency
Share commodity data from your IFS Supply Chain Processes Check through the IFS Database to foster openness.
• Seamless Integration
Combine this process check with your IFS Audit or Assessment for streamlined evaluation.
Certima’s Commitment
At Certima, we are excited to share that we already have qualified auditors available for IFS Processes Checks. Stay tuned for further updates!