Selection of Critical Componenets Suppliers (CCS)
Scope:
Comparative risk based evaluation of two or more potential providers of products, product components, machine/installation parts, etc. deemed critical for the company.
This typically includes:
- Risk assessments of relevant practices, systems and installation for environmental protection, operational health, safety and security (EHSS).
- Possible business critical liabilities that may lead to litigation or even facility closure.
- Assessments of external risks (natural hazards, neighbourhood, social unrest, etc.) that may hamper their delivery capability.
- Evaluation of the preparedness to handle expected and unexpected events that may disrupt their operations.
- Compliance with EHSS and labour laws, ethical standards and special expectations of clients.
Deliverables:
- Comprehensive reports containing:
- Comparative classification of the evaluated units according to nature and criticality of their major business/reputational risks
- Concise management summaries for each unit and comparative for the group of units
- Graphic grading of essential aspects for each unit
- Structured conclusions and
- List of relevant findings per unit
- Preference ranking for selection (with graphs and explanations).
- Recommendations on the adequacy (Y/N/Conditional) of potential partnerships.
- Recommendations on addressing performance gaps for "conditional" units.