Supplier factory inspection report risks for buyer

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   Incomplete or Distorted Information: If the information obtained during the audit is incomplete or distorted, it could lead to misunderstandings about the actual situation of the supplier, leading to incorrect decisions.

Unrevealed Compliance Risks: Suppliers might temporarily improve certain issues to pass the audit, which could re-emerge after the audit, posing compliance risks to the buyer.

Over-reliance: Relying too heavily on supplier audit reports while neglecting ongoing supplier management and assessment could lead to the accumulation of long-term risks.

TISCE relies on massive data and verifies suppliers' production lines, production capacity, safety management, security regulations, and other aspects from multiple perspectives to help you quickly understand all the information and manage suppliers while exploring new business opportunities.

We are committed to providing professional and reliable factory visit services to ensure a smooth and error-free procurement process. Contact us for more details and customized solutions!

We are currently running a promotion, where you can register with TISCE for a free trial!
If interested, please click on https://www.tisce.com/?wst=x1_lt1 or contact WhatsApp: +65 80381075

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tisce Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 07 Jul 2023 Status: Offline Points: 966	Post Options Post Reply Quote tisce Report Post Thanks(0) Quote Reply Topic: Supplier factory inspection report risks for buyer Posted: 04 Feb 2024 at 10:14am
	Incomplete or Distorted Information: If the information obtained during the audit is incomplete or distorted, it could lead to misunderstandings about the actual situation of the supplier, leading to incorrect decisions. Unrevealed Compliance Risks: Suppliers might temporarily improve certain issues to pass the audit, which could re-emerge after the audit, posing compliance risks to the buyer. Over-reliance: Relying too heavily on supplier audit reports while neglecting ongoing supplier management and assessment could lead to the accumulation of long-term risks. TISCE relies on massive data and verifies suppliers' production lines, production capacity, safety management, security regulations, and other aspects from multiple perspectives to help you quickly understand all the information and manage suppliers while exploring new business opportunities. We are committed to providing professional and reliable factory visit services to ensure a smooth and error-free procurement process. Contact us for more details and customized solutions! We are currently running a promotion, where you can register with TISCE for a free trial! If interested, please click on https://www.tisce.com/?wst=x1_lt1 or contact WhatsApp: +65 80381075