>Supplier Accreditation - An Introduction

Buying Force provides a rigorous Supplier Accreditation process.  The scrupulous checks that suppliers undergo means that clients using the Buying Force process to vet their supply chain can have absolute confidence that their chosen supply partners will have the ability to deliver, when needed. For suppliers, becoming Buying Force accredited provides objective and independent external assurance for their business systems and financial background, helping to gain opportunities in a competitive marketplace.

There are two levels of Supplier Accreditation. The first vetting level leads to an ‘Approved Supplier’ accreditation, and the second to ‘Validated Supplier’ status.

 

The ‘Approved Supplier’ Accreditation vetting process:

Approved Logo - Action may be taken against anyone using this logo without the express permission of Buying Force  

Stage 1

Financial analysis is undertaken to assess the financial position of the business, and provide a guide to the company’s maximum financial exposure

Stage 2 The pre-qualification questionnaire examines the company’s written policies and procedures, whilst the health and safety questionnaire determines competence in health and safety.
Stage 3 Client reference checks gauge the company’s strengths regionally and nationally
 

The ‘Validated Supplier’ Accreditation vetting process:

The Validated Supplier level includes all the checks undertaken for the Approved Supplier status, plus a Supplier Appraisal visit.

A member of the Buying Force Supply Chain team will visit the applicants head office to ensure the systems appraised in Stages 2 of the process are embedded and in use throughout the business. This Supplier Appraisal visit consists of a detailed onsite inspection of the business processes, including an examination of relevant hard copy documents, demonstrating the company’s procedures and processes.

 Approved Suppliers may choose to undertake the site visit and work to achieve Validated status at any time.

 
Validated Logo - Action may be taken against anyone using this logo without the express permission of Buying Force

> If you are a supplier, the Become Accredited page will show you how our robust, objective and transparent accreditation scheme can help you demonstrate your credibility and security as a supply chain partner and grow your business.

 

> If you are a business interested in vetting your supply chain, the Get Your Suppliers Accredited pages demonstrate how Buying Force can work with you to create the best approach for your supply chain, and ensure you have properly assessed the risk of your supply chain partners.

To find out more about achieving Buying Force Accreditation status for you or your supply chain partners, contact Darren Pettit, Supply Chain Manager, on 0207 392 7386 or darren.pettit@buying-force.com.