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Supply Chain Assurance
Go beyond ticking boxes...and start managing risk
The threats surrounding your supply chain, your brand and your shareholder value are growing - and they are becoming more complex. Simply ticking boxes isn't the answer. Understanding your supply chain risks is the first step in turning them into opportunities. In a world of globalization, lean supply chains and outsourcing, managing your supply chain risks demands a proactive, integrated approach.
So, imagine a company that's dedicated to assuring your most valuable assets. A company with global knowledge and local expertise, one who really understands the risks and opportunities you're facing, offering you the most highly qualified team of assessors, auditors and verifiers in the world. That company is LRQA.
Turning compliance into business advantage
You can take out an insurance policy to protect your visible assets, what about your invisible assets, like your corporate reputation or your shareholder value? Supply chain mishaps, even if relatively minor, can wipe out a significant portion of your brand value overnight. With today's global media, bad news can travel fast. A brand's reputation takes years to build and one mistake to destroy.
Our supply chain assurance services are a blend of existing standards and solutions that are customized to meet your specific business needs.
Our three step approach? We:
- Help you identify and assess risk areas
- Provide the necessary tools and expertise to help you to develop your own solutions and control procedures
- Work with your suppliers, both globally and locally, to verify your solution.
An approach that saves costs, increases brand loyalty while safeguarding shareholder value - and your reputation.
At LRQA we call it Business Assurance.
So, what does LRQA bring to the table?
Quite simply, we bring international expertise and deep insight into the complex world of modern supply chain management. After all, LRQA has been helping the world's top brands get the most out of their management systems for more than 20 years.
A global organization with local reach - we speak the local language and understand the local manufacturing, distribution and product cultures. All backed up by our network of more than 120 offices worldwide. Wherever you are in the world, our local resources are on hand to help manage risks and to protect your reputation.
A trust 'voice' in the industry
LRQA is a part of the Lloyd's Register Group, an independent, impartial leader in risk management since 1760.
Our understanding of standards goes right from development to implementation. Our experts are regularly part of technical committees developing new and improving existing standards. In addition, we have had a prominent leadership role in the development of security, environmental, product conformity and food safety standards, among others.
- Security: First certification body to issue a certificate against ISO 28000, the global supply chain security management system standard. (DP World, 2006)
- Environment: Member of the working group updating global CSR reporting guidelines (AA1000AS). Instrumental in the development of regulatory and voluntary carbon market initiatives.
- Product Conformity: First Notified Body for the EU Pressure Equipment Directive (PED). As part of the Lloyd's Register Group, we have more than 200 years experience in product conformity areas.
- Food Safety: Key member of the development group for global food safety standard ISO:22000.
Our supply chain assurance services in security, environmental issues, product conformity and food safety help over half of the world's top 200 global brands manage their supply chain risks.
Time to say goodbye to box ticking and hello to a world where risk is properly managed and your reputation protected.
Your Next Step
If you outsource your supply chain auditing, want to set up a supply chain assessment program or just want a fresh view of your strategy and operations, talk to LRQA – we know how to listen. Contact Business Advisors today at 866-563-4654 or inquiries-usa@lrqa.com.
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