Your company relies on the quality workmanship, on time delivery and the right price from your offshore manufacturing partners, however, when was the last time that your sources were assessed? Not just going through the financials of the company but physically checked?
Directors and Non-Directors need to assess the ability of their company's manufacturing partners to meet the needs of their company. To measure and assess this corporate risk, they need a report that is an objective and non-aligned assessment.
Shareholders need assurance and are increasingly seeking this from Directors. Our risk assessment report gives Directors the confidence they require to suitably answer questions, whether at a shareholder's meeting, in the Board Room, or to the Company's bankers and insurers.
Our risk assessment report will put also put you a step ahead of your competition. By highlighting weaknesses in your supply chain, you are able to remedy them to your satisfaction, or move your production to an alternative resource. All the time you are improving your supply chain by eliminating any manufacturers that cannot or will not meet your minimum criteria, thereby greatly reducing the chance of a negative supply chain event or even a catastrophe that could have been averted by actively managing this operational risk.
After our first meeting, our staff will need to liaise with your sourcing and accounting departments to identify those resources that need assessing.
We work closely with both to compile a report for you and your Board giving them the tools with which to decide where the most risk lies with their off-shore manufacturers and which ones, if any, are of concern.
TJM Sourcing's Risk Assessment report will give you a true indication of the operational and logistical capabilities of your manufacturers at the click of a mouse.
Please note: all reports are delivered electronically as we believe in a greener environment. However, if required, we can produce a hard copy of the reports at an additional cost.