Let regulatory obligations become opportunities to minimise risks, strengthen supply chain management, and secure your reputation as a responsible and trustworthy business partner.
The Supply Chain Processes Check is an annual assessment that evaluates whether your company has established and maintained effective processes for analysing commodity-related risks in your supply chain. The check helps you verify that appropriate processes exist to identify and monitor supply chain disruptions, challenges, and fraudulent activity.
It minimises business risks, identifies improvement opportunities, increases transparency, and enhances business resilience. With the IFS Supply Chain Processes Check, you protect your company and build trust with business partners who see you proactively managing risks.
Manage supply chain risks to protect your business today and in the future.
Provide verified data and results to enhance trust with business partners.
Let regulatory obligations become opportunities to minimise risks, strengthen supply chain management, and secure your reputation as a responsible and trustworthy business partner.
IFS is excited to announce the launch of the IFS Supply Chain Processes Check, an innovative tool designed to help suppliers gain insights into risks within their supply chains. As global product supply chains grow more complex, effective risk management is more critical than ever.
“In a landscape where customers and other stakeholders demand greater transparency, it is essential for companies to identify and manage associated risks in their supply chains," states Stephan Tromp, IFS Managing Director. "The IFS Supply Chain Processes Check not only verifies that companies have established robust processes to identify risks but also highlights improvement opportunities, ultimately enhancing business resilience and increasing customer trust."
With emerging challenges and heightened regulatory scrutiny, many enterprises worldwide face significant hurdles in implementing target-oriented risk management within their supply chains. The IFS Supply Chain Processes Check addresses these challenges by providing a systematic assessment of supply chain management systems, helping businesses identify commodity-related risks and facilitating constructive dialogue with supply chain partners.
Key components of the IFS Supply Chain Processes Check include:
The IFS Supply Chain Processes Check results offer valuable insights into current practices and indicate areas for development, ensuring companies meet both stakeholder expectations and evolving government regulations.
The introduction of the IFS Supply Chain Processes Check marks the first product under the new brand, IFS Supply Chain Solutions. Under this brand, we will introduce further process checks and IT tools, all designed to assist companies in managing and monitoring supply chain risks effectively and ensuring compliance with regulatory requirements and stakeholder demands.
For more information on the IFS Supply Chain Processes Check,
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