Environmental Audit – Educational Institutions

Vendors form the backbone of any organization. Good vendor management improves not only things such as production timelines, quality and costs but also ensures continuity and growth of business on the long run. Auditing is a key ingredient that helps in maintaining quality vendors.  

TrustedSCM provides Vendor audit services to clients from any industry. The Vendor audit process would include:

• Understanding client’s business and vendor related processes
• Studying past data with respect to procurement and vendor supplies in terms of quality, quantity, share of business, service levels, timeliness, adaptability etc
• Jointly identify vendors that need to be audited – critical to business
• Gather vendor past performance data and ratings
• Plan and visit vendors’ premises for assessing the facility and company in terms
• We prepare a detailed assessment / audit report, highlighting the areas of improvement.  
• We provide rating for vendors based on the risk assessment level such as high, medium and low. We provide risk mitigation plan to overcome risk factors
• We providing basic guidelines to vendors on where and how to improve to get ready for the next audit. 
• Thus we jointly set timelines for vendors to effect changes / improvements.  
• Concurrent audit as per timelines and providing progress report 

We provide Training on Vendor Life Cycle Management that includes modules covering Vendor Assessment, Selection & Evaluation, followed by Vendor development, the participant would be taken through soft skills like Vendor interactions that would enhance Vendor relationship management.