Risk Identification and Management Audits

Overview
The ability to thoroughly assess sourcing risks in new and existing supply chains is critical to business success. Tove Leeds offers risk research services informed by onsite engagements as well as management systems assessments that help companies evaluate, prioritize, and mitigate critical issues. We provide essential, actionable information that helps enable businesses to make sound sourcing and audit program decisions.

Definition
Tove Leeds’ risk identification and management assessments assess risks by location, product, or a company’s specific supply chain to provide clients with information about social and environmental risks that could influence sourcing and audit program decisions.

Benefits
Tove Leeds provides on-the-ground verification of social and environmental policies and practices informed by social compliance management systems guidelines of the Global Social Compliance Programme (GSCP) and the customer’s own supplier standards. Our due diligence assessments dig deep and clearly identify the strengths and weaknesses of a supplier’s social responsibility program.

Desktop-based risk research can be enhanced through targeted field research and engagement with local stakeholders on the ground to provide additional insights and intelligence on sourcing risk.

Products these services apply to
Apparel, textiles, dietary supplements, electronics, electrical products, food and beverages, footwear, leather goods, general consumer merchandise, health and beauty care, household chemicals, jewelry, watches, OTC/pharmaceuticals, premiums and promotional, store brands/private label, toys, nursery and children’s products.

APPLICABLE STANDARDS