Supplier evaluations come in different shapes and forms, an they are an essential part of supply chain due diligence and assurance of compliance with responsible sourcing requirements. On-site audits are the most widely used method for supplier assessment with nearly 75% of the AIM-PROGRESS membership conducting third party audits. Our mutual recognition of audits framework supports companies in obtaining visibility of audits conducted, leading to 33% of mutually recognized audits in 2019, and lessening the cost and resource burden on suppliers. A list of 27,000 audited suppliers is available to participating members, updated twice a year.
In addition to mutual recognition of audits, AIM-PROGRESS also entered into a partnership with Ecovadis on supplier assessments, to enable visibility of suppliers who have been assessed by a group of seven of our joint members. This list was recently updated and contains over 5,000 records.
