SERVICES | RISK MITIGATION | SUPPLY CHAIN AUDITING

SUPPLY CHAIN AUDITING

PICA Corporation performs thousands of supply chain audits on third-party contract manufacturers each year. The audit examines if the contract manufacturer is acting in accordance with all contracts and agreements. During an audit PICA inspects the following areas:

Health and Safety:

  • Verifies working conditions are in guideline with the Health & Safety Code and SA8000 (Social Accountability) Standards

Information Security:

  • Reviews personnel records and IP
  • Verifies confidential company information is stored securely

Materials:

  • Verifies inventory accuracy in accordance with contract
  • Verifies that disposal of obsolete and/or damaged product is in accordance with the contract
  • Management of excess inventory

 Personnel:

  • Interviews facility managers and personnel responsible for manufacturing facilities identifying variances between prescribed and actual practices

Physical Security:

  • Identifies exposures in access control, CCTV, and intruder systems
  • Identifies vulnerability of “backdoor theft”
  • Quantifies and Prioritizes Loss Potential

*PICA also prepare clients seeking ISO 28000 Certification.

CASE STUDY

PICA CONDUCTS SUPPLY CHAIN AUDITS EXPOSING ILLEGAL WORKERS

In three years, PICA has performed just shy of nine thousand audits for one client. The audits inspect nearly every  aspect of the supply chain. Including but not limited to the following:

Vetting of New Manufacturers

  • Risk Assessment of facility security
  • Verification working conditions are in guideline with the Health & Safety Code and SA8000 (Social Accountability) Standards
  • Identification of the third-party manufacturer’s existing customer base
  • Verification of company/owner credentials

Regular Biannual Audit:

  • Risk Assessment of facility security
  • Verification working conditions are in guideline with the Health & Safety Code and SA8000 (Social Accountability) Standards
  • Identification of the third-party manufacturer’s existing customer base
  • Verification of company/owner credentials
  • Confirmation and examination of existing contractual agreement between manufacturer and the Client
  • Verification of manufacturing flow
  • Verification of inventory accuracy in accordance with contract/agreement
  • Verification of utilization of materials and flow of finished goods
  • Verification of possession and use of authorized trademark imprinting tools
  • Identification of anomalies

If an anomaly is discovered it is raised immediately to the client.

Specific Threat Audit:

  • Investigation of anomalies identified by PICA and/or PICA’s Client.

Risks  Identified:

  • Illegal workers
  • Unsafe working conditions
  • Poor physical security

MITIGATING RISK & SECURING BUSINESS

Since 1982

22 Offices Worldwide

Cost Effective Solutions

Proven Return on Investment

•  Atlanta  •  Bogotá  •  Buenos Aires  •  Chicago  •  Cincinnati  •  Cleveland  •  Columbus  •  Dubai  •  Hong Kong  •  Houston  •  Lima  •  London  •  Los Angeles  •  Mexico City  •  Miami  •  Milan  •  Mumbai  •  New York  •  Panama  •  São Paulo  •  Tampa  •  Washington DC  •

© 2017 PICA Corporation.