Industry Survey on Supplier Governance

Supplier Governance has become an important aspect of corporate responsibility in recent years. As a result, supply chains in organizations are often subject to global and local regulations. Many Organizations are holding their suppliers with whom they do business accountable for operating at the same high standards that they expect of themselves.

ThriveonRisk in association with GRCIntelligence.com is surveying industry professionals in various supply chain functions to better understand how their respective organizations are managing supplier governance.

This survey will take less than 10 minutes to complete. Thank you for taking the time to participate in this survey, and contributing your thoughts to this important topic.

Question Title

* 1. Please provide your email address (official email IDs only) below if you wish to receive the final report of the survey results, as well as be entered into a contest where 3 lucky respondents will receive either an Amazon or Starbucks gift worth $50 USD.

Please provide your email address (optional):

Question Title

* 2. Please indicate which Industry segment below best describes your organization’s core area of operations:

Aerospace/Defense

Automotive

Banking & Financial Services

Chemicals

Construction & Infrastructure Services

Consumer Product Goods (CPG)

Energy & Utilities

Engineering & General Manufacturing

Food & Beverage

Government, Public Sector & Education

Health Care, Life Sciences & Medical Devices

High-tech, Telecom & Electronics

Oil & Gas

Retail & Apparel

Transportation & Logistics

Other (please specify)

Question Title

* 3. Has your organization ever faced an issue of non-compliance resulting from a supplier?

I don’t know

Yes (please specify any comments)

Question Title

* 4. What are the most common categories of supplier non-compliance that you have seen in your industry?

Non-compliance to environmental, health and safety standards

Non-compliance to social, labor and working conditions

Non-compliance surrounding management systems and documentation

Non-compliance surrounding bribery and corruption

Non-compliance surrounding local law or industry standards

Other category of supplier non-compliance: (Please indicate the category of non-compliance)

Question Title

* 5. Is monitoring supplier compliance a part of your business group’s on-going responsibility?

Yes, my business group’s responsibility

I’m not sure who is responsible

No (Please indicate which business group within your organization manages supplier compliance)

Question Title

* 6. What activities does your organization do to monitor supplier compliance? Check all that apply:

We have a comprehensive and proactive program in place

We have periodic checks (self-assessments)

We manage supplier compliance as listed in the contractual obligation

None of the above

Question Title

* 7. Please select the statement that most accurately describes your supplier compliance program. Check all that apply:

We monitor supplier compliance for certain geographies

We monitor supplier compliance for our entire supplier base – Tier 1 to Tier n

We have near real-time supplier compliance information

Our supplier segmentation strategy ensures that our most important and critical suppliers are fully compliant

We do not have a supplier compliance program in place but are planning to implement one

We do not have a supplier compliance program in place and are not planning to implement one

Other (please specify)

Question Title

* 8. What tools is your organization currently using to monitor the status of supplier compliance? Check all that apply:

We are using surveys and self-assessment questions

We are using internal audits

We are using third party evaluations

We have assigned permanent on-site inspectors

We are using information providers and consultants

We are using software solutions

We are not using any of the above

Other (please specify)

Question Title

* 9. What aspects of Supplier Compliance does your organization monitor?
Check all that apply:

We monitor compliance to policies and Company Codes of Conduct

We monitor process adherence / performance

We monitor Social Responsibility / CSR

We monitor Legal Compliance / Compliance with local laws

We do not monitor any of the above

Other (please specify)

Question Title

* 10. How does your organization manage supplier compliance information?

We manage compliance information manually (example: email, spreadsheets, etc.)

We manage compliance information using a tool or software solution that keeps track of supplier regulatory compliance information

We manage compliance information using a comprehensive solution that manages end- to-end supplier governance functions

A combination of the above options

None of the above

Question Title

* 11. When and how often do you gather supplier compliance information?

We gather supplier compliance information at the time of supplier on-boarding

We gather supplier compliance information at the time of a potential supplier evaluation

We gather supplier compliance information when introducing a new product or service to a supplier

Not Applicable: we do not gather supplier compliance information

Please indicate the frequency of information gathering - (Weekly / Monthly / Quarterly / Annually / Bi-Annually / As per our requirements)

Question Title

* 12. How is supplier compliance information leveraged to strengthen your overall compliance program? Check all that apply:

It is used to define and track action items for our suppliers in order to become compliant

It is used to define the supplier relationship (example: categorizations/supplier risk definition/framework definition)

It is used to make supplier business decisions (example: supplier termination/on-boarding/expanding business/continuous monitoring decisions)

Not Applicable: we do not gather supplier compliance information

Question Title

* 13. What are the key aspects which you consider when creating your supplier compliance policies? Check all that apply:

Local jurisdictions

Global regulations

Internal policies and code of conduct

Industry best practices

Other (please specify)

Question Title

* 14. How often do you review or modify your supplier compliance processes?

Annually

Quarterly

Monthly

On a need-only basis

Never

Additional Comments

Question Title

* 15. In your opinion, what is the best methodology to evaluate and monitor supplier compliance?

A risk and control mechanism within the organization

Periodic supplier surveys and self-assessment questions

Annual supplier audit

Periodic third party evaluation

Engaging permanent on-site inspectors

Use of information providers and consultants

Additional Comments

Question Title

Question Title

* 2. Please indicate which Industry segment below best describes your organization’s core area of operations:

Question Title

* 3. Has your organization ever faced an issue of non-compliance resulting from a supplier?

Question Title

* 4. What are the most common categories of supplier non-compliance that you have seen in your industry?

Question Title

* 5. Is monitoring supplier compliance a part of your business group’s on-going responsibility?

Question Title

* 6. What activities does your organization do to monitor supplier compliance? Check all that apply:

Question Title

* 7. Please select the statement that most accurately describes your supplier compliance program. Check all that apply:

Question Title

* 8. What tools is your organization currently using to monitor the status of supplier compliance? Check all that apply:

Question Title

* 9. What aspects of Supplier Compliance does your organization monitor? Check all that apply:

Question Title

* 10. How does your organization manage supplier compliance information?

Question Title

* 11. When and how often do you gather supplier compliance information?

Question Title

* 12. How is supplier compliance information leveraged to strengthen your overall compliance program? Check all that apply:

Question Title

* 13. What are the key aspects which you consider when creating your supplier compliance policies? Check all that apply:

Question Title

* 14. How often do you review or modify your supplier compliance processes?

Question Title

* 15. In your opinion, what is the best methodology to evaluate and monitor supplier compliance?

Question Title

* 16. Please provide any additional comments or feedback here:

* 9. What aspects of Supplier Compliance does your organization monitor?
Check all that apply: