06/12/2023
The CCA-IM team recently completed several supplier audits in China. From the suppliers we audited, some of the Chinese suppliers have not been affected by the economic environment in the last three years, and currently, productions are operating at full capacity. Some suppliers have seen significant changes in their orders in the last three years, especially in 2022 and 2023 and have even reduced orders by 50%.
In cross-border sourcing, suppliers' stability and reliability are critical to Companies' business operations. By auditing suppliers, Companies can assess the risks of suppliers' financial status, production capacity, delivery capability, etc. to identify and resolve potential supply risks in a timely matter and ensure the stability of the supply chain.
CCA-IM has provided supplier auditing services in China and Southeast Asia for nearly 20 years. If you have a supplier auditing need, please contact us (www.cca-im.com).