Factory Audit, Social Audit and Credit Audit can help buyers to evaluate supplier qualify efficiently.

1. A Factory Audit can uncover problems before production so you have an exact understanding of your supplier’s capabilities, systems, management and operating procedures. This is a high level of quality control and will enable you to select a qualified supplier with confidence.

Generally, we will focus on the following aspects when doing a Factory Audit.

a. Factory Identification
b. Human resource and infrastructure
c. Market and production capability
d. Production and machinery
e. Quality control system f. R&D
g. Customer complaint handling
h. Special Requirements from Client

2. Social audit focuses on the following areas according to SA8000 standards: health and safety, discrimination, disciplinary practices, working hours, compensation, management practices, forced labor, freedom of association, and child labor laws.

3. If you require a financial analysis of the factories that you are buying from, we recommend that you use our Credit Audit. Though this audit is performed without visiting the factory site, the report will be quite helpful for you to select a trustworthy supplier, because this investigation is based on the official database and credit rating analysis from banks and tax bureau of local governments. It covers the aspects as below, Registration and ownership History Key executives Key financial figure and ratio in the past three years Industrial comparison Banking Operation Sales and purchase Payment record Credit rating analysis.