It is now commonly accepted that business should assume responsibility for labor conditions and human rights throughout their supply chain. However, if you have hundreds or even thousands of suppliers across the globe, it can be a challenge to identify where the risks are. With our Remote Risk Assessment (RRA), you don’t need to: the online gap assessment provides a risk rating for all participating suppliers, giving you an indication of where to focus on-site audits.
Doing supplier risk assessments remotely enables you to prioritize those suppliers with a higher risk rating. It also enables you to respond swiftly to changing market situations, issues and crises.
Unlike most risk assessments for supply chains, the risk rating is based on factors that are under the control of the suppliers, such as their policies and processes, rather than their country and business sector. As a result, suppliers can be motivated to improve their performance.