07- Supply Chain Due Diligence
Supply Chain Due Diligence Consulting
Enhancing Supply Chain Due Diligence: A Stepwise Consulting Approach
Our consulting firm partnered with aluminium and copper companies to strengthen their supply chain due diligence practices. By following a structured, stepwise hierarchy, we enabled the clients to align with international standards, mitigate risks, and promote ethical sourcing.
How it Works
By implementing this stepwise hierarchy, the aluminium and copper companies successfully enhanced their supply chain due diligence processes, achieving improved compliance, stakeholder trust, and sustainability goals. This collaboration underscores the transformative potential of targeted consulting expertise in promoting ethical and responsible business practices.
01
Initial Risk Assessment
- Conducted a comprehensive evaluation of supply chain operations for both companies.
- Identified risks related to conflict minerals, human rights violations, environmental impact, and supplier compliance.
02
Gap Analysis and Planning
- Performed a detailed gap analysis comparing existing practices with global due diligence frameworks, such as OECD and CAHRA.
- Developed tailored action plans to address deficiencies and establish robust risk management systems.
03
Policy Development
- Created and implemented ethical sourcing and supplier governance policies.
- Defined clear standards for supplier evaluation, monitoring, and engagement.
04
Supplier Screening and Training
- Established mechanisms to screen suppliers for compliance with ethical sourcing requirements.
- Conducted training sessions to educate suppliers on due diligence principles and practices.
05
Implementation of Monitoring Systems
- Integrated advanced tools for tracking and reporting supply chain activities
- Enabled real-time risk assessment and improved data transparency.
06
Stakeholder Collaboration
- Addressed challenges through proactive communication and solution-driven approaches.
- Engaged with stakeholders, including suppliers, to foster collaboration on responsible sourcing.
07
SAudit Preparation and Evaluation
- Assisted the companies in preparing for independent audits to validate compliance with due diligence standards.
- Supported the resolution of audit findings to ensure conformance.
08
Continuous Improvement and Reporting
- Established feedback mechanisms to refine policies and practices over time
- Provided guidance on creating transparent, impactful reports for stakeholders and regulatory bodies
Recent Consulting projects in Supply Chain Due Diligence:
Pharma Company
Metals Manufacturers
Aluminium Manufacturers
02- Our clients
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