By Standard

Suppliers by Verification Status Quickly identifying suppliers by their verification status is essential for assessing the reliability and credibility of each supplier in the supply chain.

Verification Status by Standard Breaking down the verification status of suppliers based on specific standards is crucial. It helps you understand which suppliers have met compliance requirements for specific industry standards. This is essential for ensuring that your suppliers adhere to the necessary quality and safety standards, reducing the risk of non-compliance issues.

Supplier Information Table The supplier information table provides a comprehensive set of data for assessing supplier reliability and compliance.

Here’s how each component contributes to risk mitigation:

• Link to Supplier Profile Page: Accessing detailed supplier information allows for comprehensive evaluations and better-informed decisions.
• Supplier Name: Identifying suppliers facilitates tracking and communication, making it easier to address issues promptly.
• CH Registration Number: Ensuring compliance with tax regulations is essential for financial risk management and audit trail purposes.
• UTR Number: Assessing tax compliance and legality helps in avoiding financial and legal risks associated with non-compliant suppliers.
• Compliance Level: Indicates the supplier’s adherence to industry standards and compliance requirements, ensuring they meet your quality and safety standards.
• Level Verification Status: Provides insights into the supplier’s overall verification status, aiding in assessing their reliability.
• Primary Contact: Establishing communication with a primary contact person is essential for issue resolution and effective supplier management.
• Standards and Expiry Dates: Knowing the expiry date for each standard is crucial for ensuring ongoing compliance and taking proactive steps to mitigate risks associated with non-compliance.
• Number of Employees and Enterprise Size: Understanding a supplier’s capacity and scale through the number of employees and enterprise size helps ensure they can meet your project requirements.
• Employment of Sub-contractors: Knowing if a supplier employs subcontractors is essential for assessing the complexity of their supply chain relationships and the potential risks associated with subcontracting.
• Main Trade Category and Supplier Type: Identifying the supplier’s primary trade category and type helps categorize and segment your suppliers, making it easier to manage and evaluate them based on their specific roles and specialisations.
• Segments with Your Organisation: Understanding which segments the supplier is part of allows for better alignment and coordination within the supply chain, especially in large organisations with various divisions or projects.

In summary, the By Standard tab offers a comprehensive view of supplier information, compliance status and various factors critical for assessing supplier reliability, compliance and overall suitability for your supply chain. It empowers you to make informed decisions, manage risk effectively and ensure that your suppliers meet the necessary quality, safety and compliance standards in the construction industry.