Trace One Compliance enables supplier management while building long-term, trustworthy collaboration with the right blend of assessment and education tools.
A supplier network is one of the biggest assets a business can have, but if not monitored properly it can quickly become a hidden cost driver and expose a company brand to risks. Trace One Compliance enables brand owners to proactively raise awareness around Quality and Corporate Social Responsibility issues, and fosters supplier collaboration through data and documents exchanges.
Collect certifications and other quality-related documentation from your network. Monitor expired documents and ask for document updates.
Segment your entire supplier base into audiences based on product category, geography or any other criteria, and better target your communication and evaluation campaigns.
Measure your supplier performance over time with periodic self-assessment questionnaires. Survey your suppliers to assess a situation before taking the actions required to respond to a new regulation or a crisis.
Raise awareness regarding your quality and CSR policies and requirements. Make sure your audience has read and agreed with your content.
Measuring and understanding supplier performance is critical to maintaining an effective supplier base. Your supplier network is one of the biggest assets within your business, but ineffective or poor performing suppliers can be a hidden cost driver and expose your business to risk.