Meeting Your Client’s Supply Chain Requirements

Increasing legal requirements and expectations from businesses, customers and employees mean that contractors need to limit their risks to minimise the impact of supply chain vulnerabilities and costly disruptions.

From health and safety hazards and data breaches to COVID-19 and modern slavery, SME’s are facing more requirements than ever to demonstrate that they’re managing their businesses without compromising on safety, sustainability, or ethics.

As a result of this we’ve seen:

  • More than half of our contractors who work with our clients currently provide additional evidence and are awarded more work as a result of demonstrating their capabilities.

  • Contractors are increasingly being asked for additional information beyond health and safety.

  • 75% of organisations who use SafeContractor as a Contractor Management System are not appointing contractors if they’re not able to provide industry best practice additional information.

  • Increased administrative burden to provide the same documents multiple times.

As new risks emerge alongside the more traditional and longer-recognised supplier risks, SME’s need to make sure they’re more resilient, giving confidence to clients that your business can demonstrate your capability in sustainable practices. It’s a continual process that should be carefully monitored for current and future risk so that your business isn’t caught off guard.

What are the risks you need to consider?

  • Health and Safety

  • COVID-19

  • Insurances

  • Modern Slavery

  • Finance and Bankruptcy

  • Data Protection

  • Anti-Bribery and Corruption

  • Quality Assurance

  • Environment

  • Equality and Diversity

Why do these risks matter to your clients?

  • The injury of a sub-contractor who broke his jaw while working at Tesla’s California facility is just one high profile example which contributed to the value of the company dropping by more than $1 billion dollars.

  • £16.2 billion cost of injuries and ill health from current working conditions (2019/20)

  • Two-thirds of large businesses are very, or extremely, concerned about delays in their supply chain post-Brexit.

  • In July 2020, fashion brands Boohoo and Quiz were publicly called to account on modern slavery, aimed at suppliers who were paying workers below the minimum wage or forcing people to work with coronavirus symptoms. As a result, Boohoo’s share price fell.

We want to make it simple for you to evidence that your business is compliant, ethical, and resilient and give your clients peace of mind about you to reduce risk in their supply chain.