SGS Publishes White Paper to Help Retailers Successfully Utilize Global Supply Chains
As businesses take advantage of the economic benefits accrued from global supply chains, companies are increasingly becoming aware that with complexity comes risk.
Complex supply chains spanning several time-zones make it difficult for companies to assess and control this risk. The negative effects that come from a product recall, resulting from a supply chain incident, can be catastrophic in terms of fiscal and reputation damage. It is clear that retailers receive a disproportionate percentage of the blame associated with failures in supply chain integrity.
A retailer operating with an international supply chain must consider its approach to controlling risk. In many cases a Quality Assurance Programs (QAP) will provide an effective method of controlling risk and help with supply chain management. Statistical evidence shows that utilizing independent third-party auditing services will provide efficient and effective risk control for retailers.
SGS’s latest White Paper will help retailers:
- Consider the complexities of global supply chains
- Understand the risks
- Recognize the importance of quality assurance
- Review the costs of a product recall
- Consider the risks associated with private label products
- Gain an understanding of social and environmental audits
“Retailers: Understanding the Risks of Global Supply Chains and How to Manage Them” will help retailers recognize the importance of adopting a proactive strategic approach to quality assurance within a global supply chain.
Download your copy of “Retailers: Understanding the Risks of Global Supply Chains and How to Manage Them” >
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