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How to avoid additional risk in your supply chain.
Whenever you work with a supplier, contractor or subcontractor, you could be exposing your business to additional risk. If they don’t carry out the work you require from them in a timely, safe and compliant manner, then your organisation could be liable. This can present particular risks when it comes to hard facilities management.
At Facilitiesline, we know how difficult it can be for facilities management teams to manage risk in their supply chain. You must keep a close eye on even your longest-standing suppliers, because their compliance could lapse at any time, putting your business at risk. That’s why more FM teams are joining Facilitiesline, as we make it easier to manage – and where necessary, source – high quality, compliant suppliers for your organisation’s hard and soft facilities management services.
As a Facilitiesline Buyer, you’ll find it easier to:
If your suppliers don’t have stringent health and safety policies and processes in place, then lives could be at risk, particularly when it comes to hard FM services.
You must ensure that all of your suppliers have robust financials, because if they go out of business you might not be able to deliver for your client.
Whenever you share data with your suppliers, you must be able to trust them to keep it safe and act compliantly under GDPR regulations.
Ensuring that your suppliers are operating ethically – with processes in place to prevent unethical activity like corruption, bribery or modern slavery – is critical.
If your supplier cannot deliver the work you’ve requested of them, you could be in breach of your contract with the client.
We know that when you’re focused on a project, it can be hard to find the time to ensure that the suppliers you’re working with are consistently compliant. So at Facilitiesline, we stay on top of supplier compliance for you – so you can focus on the job at hand.
When your suppliers join Facilitiesline, we’ll pre-qualify them using an industry-led question set, or you can customise questions to your unique requirements. This way, you can ensure that they’re compliant in each and every area that you need them to be – no matter how niche.
And we don’t stop there. We monitor your suppliers’ compliance for the length of your relationship with them, to ensure that they continue to adhere to your standards, and that you’re not exposed to any unnecessary risk. We’ll even get in touch with them when their certifications or insurances are due to expire, to make sure they take action to maintain their compliance.
Find out how being a Facilitesliesline Buyer can help you and your business when it comes to managing your supply chain.
Built by the industry, for the industry, an easy way to manage supply chain risk.
Tackle supply chain risk head on. Use Risk Radar to anticipate and act upon financial and reputational risk.
