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Released By ETQ
March 6, 2015
Suppliers within any industry play an important role in bringing products to market. Companies rely on and trust their suppliers to provide them with the ingredients needed to properly manufacture their products and meet the pressures of keeping up with industry demand. However, in today’s demanding food chain, there is an ever-increasing level of complexity to supply chain management. Including suppliers in your business processes allows them to access your compliance standards and provides you with greater visibility into their processes, making collaboration between supplier and stakeholder faster and less prone to error. Furthermore, when we look at businesses today, regardless of industry or size, we see the growing trend of tearing down informational silos. This is a good thing—the less division stakeholders have on their data means more visibility into all aspects of the business. For processes around quality and compliance management, this means that there is more information to pull from when trying to mitigate risk and improve compliance. But for the supply chain, this continues to evolve. Companies are now recognizing the impact of the supply chain on quality and compliance, and are seeking ways to tear down the silos of information that separate supplier quality from their own four walls. An increasing number of companies are seeing the value in providing suppliers with visibility into their quality and compliance system and are reaping the benefits of true collaboration.
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