New to Sedex audit?? Here’s all you must know about it!!
Sedex Audit |
Sedex (Supplier Ethical Data Exchange) is basically a non-profit membership organization that is focused on driving enhancements in responsible and ethical business practices in the global supply chains. With the use of its online database, Sedex shares supply chain data so that retailers and brands can easily see how their potential suppliers are meeting their ethical and social responsibilities. Sedex audits are generally based on the SMETA (Sedex Members Ethical Trade Audit) guidelines and presently it has more than 36,000 members in over 150 or more countries.
Sedex audit aims to attain two major
things including:
- Improve and enhance the ethical
workings of the global supply chains.
- Soothe the burden and issues of
suppliers by reducing the need for several questionnaires, audits, and
certifications.
These points mean that the suppliers
can have audits done at their sites that furthermore ensure that they are
meeting all their ethical and social responsibilities regarding their employees
as well as the working environment. Moreover, once the audit is over, it is
uploaded to the Sedex platform in order to make it visible for the supplier’s
customers to view them and evaluate any issues.
Benefits
of Sedex audit to a supplier:
It is very necessary that suppliers
are able to describe to their customers that corporate social responsibility
and ethical trade is taken very seriously. Why, because an ethical audit put
onto Sedex is a very practical and convenient means to do this in a transparent
and reasonable manner. With the right Sedex audit, the supplier members can
even share the data with multiple customers, thereby enhancing its brand and
credibility. All this demonstrates standard compliance, and also reduces the
overall audit costs.
Benefits
of Sedex audit to a buyer:
Determining suppliers across a global
or nationwide supply chain can be very daunting. It’s no longer as easier as
choosing a supply chain on the basis of delivery times, quality and price.
Besides, there is also a duty of care and attention to both customers and
clients to ensure that the suppliers are operating in an ethical manner and are
taking corporate social duties seriously.
Who
is responsible for conducting Sedex audits?
Usually, the auditors who are willing
to perform these types of ethical audits can easily register with the Sedex
database. This can be done either through a freelance auditor or simple
membership or by becoming a full-time member of the Sedex audit company group.
All the audits are performed by accredited and qualified auditors working to
the SMETA guidelines and ensuring that all the highest standards of the audits
have been followed by them.
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