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Second-Party Audits
Brief description

The main objectives of Second-Party Audits are to reduce the risk of delivery of unacceptable products and/or services against agreed specifications, and ensure transparency.

 

Detailed description

Cost savings and the pursuit of added value can lead many large organizations and industries to the modern approach of using Second-Party Audits, with the main aim of assessing their providers (existing and new) and verifying their suppliers ability to meet the contractual requirements.

 

A second-party audit scheme is always based on an Audit Protocol with the following key elements:

  1. Characteristics and elements of the audit:
  • Type of audit
  • Frequency of audits
  • Assessment system and purpose of audit
  1. The audit protocol:
  • Audit criteria
  • The detail and range of the audit information
  • System for assessing the results
  • Reporting system
  1. Management and control of results:
  • Publication and recipients of results
  • Detail and type of information in the results

Who is it for?

A ‘2nd Party Audit’ is applicable in manufacturing and service companies in any sector.

It can be applied:

  • in assessment of suppliers and partners
  • in companies spread over a large geographical area, with a common activity (e.g. vertical franchise).

 

What are the benefits of certification?

Benefits:

  • Improvement of the supply chain
  • Monitoring and/or verification of the reliability of a supplier with regard to contractual obligations
  • Enhanced transparency in practices applied in production of products
  • Reduced likelihood of delivery of products that do not meet agreed specifications

Goals and exploitation of the results of second-party audits:

  • Documentation of supply decisions
  • Choice of supplier
  • Continuation/renewal/expansion of existing collaboration
  • Basis for commercial negotiations

 

Who do I contact for certification?

Customer Service Department Contact Person: Ms. Anna Topaltziki, Tel: 210 5220920, Ext: 187