updated 9 months ago by Manali Rana
Source
Comments
Not reported explicitly.
pg. 176
"On-site audits
New supply partners of direct material in high-risk countries are subject to additional due diligence assessments through on site audits. Indirect material supply partners are audited when the suppliers are located in a high-risk country and the annual spend exceeds a pre-defined threshold.
After some time of lower audit activity due to travel and meeting restrictions due to the covid-19 pandemic, the number of audits has increased as restrictions in many countries have been removed. In 2022, 137 on-site audits were carried out."