Initial Risk Screening Report
Getting your suppliers on Sedex is a vital step in helping you effectively manage your supply chain and see where risks may lie. However, rolling out your ethical trade programme to all your suppliers at once can be impractical and ineffective. Especially for organisations with large and complex supply chains.
The Sedex Initial Risk Screening Report helps you understand where inherent risk may lie in your supply chain. You can then decide which of your suppliers you wish to prioritise in your initial supplier engagement programme.
The report is ideal for companies at the beginning of their journey with Sedex, as it helps focus on suppliers where the likelihood of risk is the greatest.
The report draws on data from Verisk Maplecroft, a leading global risk analytics company. The service combines data from hundreds of risk indices using thousands of indicators to give an overall ‘inherent’ risk profile for each supplier.
The report can assess up to 4,000 of your suppliers’ sites, giving each site a low, medium or high risk rating. An additional scale of 1-10 rates risk at a more granular level, if you want to go deeper into the analysis.
All you need to do is give us the sites’:
- Geographical location
- Product category
- Site function
- Spend (optional)
Easy to read
Sedex Initial Risk Screening Reports are delivered in an easy-to-understand format. Regardless of whether you’re at the beginning of your responsible sourcing journey, or an experienced professional looking for an assessment of inherent risk in your supply chain, the data they provide will be invaluable.
- Helps you target your supplier engagement by highlighting where action is most needed
- Cost effective – flat fee for up to 4,000 suppliers per report
- Saves you time and enables you to focus resources effectively
- Informed by up-to-date analysis from global risk experts Verisk Maplecroft
- Report results can be exported and integrated into different systems to inform buying decisions
- Sedex’s experienced team supports you at every stage of the process
The Inital Risk Screening Report is designed to support Buyer (A) and Buyer/Supplier (AB) members. For more information on how we can help you identify inherent risk in your supply chain, please contact your Account Manager.
“Sedex’s Initial Risk Screening Report allows us to assess our suppliers in a high-quality, uniform manner and to easily identify high priority suppliers. The standardised assessment and platform also makes it easier for our suppliers to work with us to report on their social, environmental and ethical standards.”Sky
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