Factory Audits on New VS Current Suppliers: Safeguarding Quality & Minimizing Risks

Hosts Adrian and Renaud delve into the critical topic of supplier audits. Whether you're sourcing new suppliers or evaluating existing ones, conducting thorough audits is essential to minimizing risks, ensuring product quality, and maintaining a reliable supply chain. With practical insights, examples, and actionable advice, this episode equips importers and manufacturers with the tools to make informed decisions and avoid costly mistakes.   Show Sections 00:00 Introduction: Why Supplier Audits Matter  03:01 Understanding Supplier Audits: An Overview 08:38 Auditing New Suppliers: Establishing Trust and Capability 18:00 Auditing Existing Suppliers: Maintaining Standards 20:03 The Evolution of Supplier Competency 26:55 Common Pitfalls and Red Flags in Supplier Relationships 38:00 Practical Audit Tips: What to Look For    Related content... How To Choose Which Factory Audit You Need? China business expert Prof. Neale O’Connor and his team analyzed hundreds of our factory audits’ data (in late 2022) and determined a direct causal link between a factory getting a good factory audit score and subsequently providing better quality products. You can learn more about this research and its findings in this video presentation Get help from Sofeast to do factory audits on your suppliers How Do Sofeast Help Source New Chinese Suppliers? [Process Breakdown + Costs]   Get in touch with us Connect with us on LinkedIn Contact us via Sofeast's contact page Subscribe to our YouTube channel Contact us on X @sofeast Prefer Facebook? Check us out on FB