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Factory Audits are often conducted by companies to confirm whether the supplier is delivering the supplied goods per agreed upon terms and standards (e.g. quality, safety, ethical, environmental, etc.). This has become an important undertaking for companies to continually ensure that it consistently meets its quality and performance standards. In a time where there is global competitiveness coupled with a disruptive economy, the importance of strengthening the Supply Chain has become a factor for survival and sustainability.

To further help companies that outsource production, new Factory Audit processes have been undertaken to evaluate supplier performance in more depth. Digital Audits is a new type of audit system that digitizes the process. It is transforming on-site facility inspection programs and increasing the effectiveness of Factory Audits as a risk management tool.

This presentation provides companies a tactical and strategic perspective of Factory Audits and the urgency of transitioning into Digital Audits. Of importance is a good understanding of the 6 types of Factory Audits.

1. Manufacturing Audits
2. Ethical Audits
3. Structural Audits
4. Environmental Audits
5. Customs-Trade Partnership against Terrorism (C-TPAT) Audits
6. Food Supplier Audits

Having a good understanding of the different types of Factory Audits will enable companies to determine which is most appropriate for their company. The shift to Digital Audits will eventually evolve.

This deck also includes slide templates for you to use in your own business presentations.

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Source: Supply Chain Management (SCM): Factory Audits PowerPoint document

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Tag(s): Manufacturing Audit Supply Chain Management Business Ethics Corporate Social Responsibility

Number of Slides: 20 (includes cover, transition slides)

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Upload date (first version): Jun 19, 2020

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