Solutions
Supply-Chain Compliance Solutions
Racing to respond to international demand for their products while continually seeking lower-cost sources of supply, most organizations now grapple with distributed, multi-layer supply chains that can truly span the globe. Maintaining visibility into the compliance of suppliers throughout the value chain is an increasingly arduous task, particularly for firms that have not yet implemented a formal compliance program or that feel challenged in managing their distributed supply chains. In many industries, government agencies, consumer-action groups and individual consumers leveraging the blogosphere are keeping closer tabs on the level of compliance within companies’ global supply chains. A single non-compliance event can prove costly. Firms that fail to identify or address supply-chain compliance problems can face devastating impacts to their business in terms of negative publicity, lost sales and hits to profitability.
The Red Flag Group Supply-Chain Compliance Solutions offer companies the following:
  • Formal, focused supply-chain compliance and risk assessments
  • Web-based compliance training for companies’ procurement professionals and suppliers
  • Regular or ad hoc reporting on supplier compliance
  • Web based solutions without the costs associated with hardware / software infrastructure
  • "Virtual" supply-chain resources to provide short-term, focused top-level supply-chain talent and help companies minimize their operating expenses
The Red Flag Group Supply-Chain Compliance Solutions includes:
  • A basic Code of Conduct for your Organisation, with minimal customization for your industry
  • A set of simple policies that address the main areas of risk in your company
  • A Code of Conduct e-Learning program and two (2) 15 minute eLearning courses on topics that reflect your risk areas
  • An annual Conflict of Interest management reporting tool to manage potential conflicts across the organisation
  • A web based compliance reporting tool for reporting of compliance deficiencies (which supports unanimous reporting)
  • The use of ComplianceDesktop to manage all of these aspects through our unique secure online management tool
  • Experienced international supply-chain professionals and trained resources available for ad-hoc deployment, serving as "virtual" supply-chain resources
  • Investigate audits of suspected non-compliant suppliers through The Integrity Portal
  • The use of SupplyScope for aggregating your organisation’s supplier-compliance data and tracking supplier performance
  • Guidance for addressing non-conformities identified through training and investigative audits
Benefits:
  • Increased employee awareness of supply-chain compliance risks and policies
  • Improved visibility and management of potential supply-chain compliance risks
  • Ready-made solutions for rapid deployment across an entire organisation
  • No IT infrastructure required
  • Secure, online management of your organisation's supply-chain compliance data
  • Single interface for recording your organization's supply-chain compliance needs
  • Greater confidence in your organization's capacity to manage risks throughout a global supply chain
  • Improved standing among public and private consumers that demand compliance
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  • SME Soluitions
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  • Third Party Management
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  • Compliance Monitoring
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  • Remediation and Planning
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  • Fidiciary Bootcamps
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  • Health Checks
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  • AICPA National Audit Committee Forum
    29-30 July 2010, Washington D.C
    AICPA International Business, Accounting, Auditing and Tax Conference
  • SCCE's 9th Annual Compliance & Ethics Institute
    12-15 Sep 2010, Chicago, IL
    ASCCE’s 9th Annual Compliance and Ethics Institute
  • 3rd Anti-Corruption South & SE Asia Summit
    14-16 Sep 2010, Grand Hyatt, Singapore
    3rd Anti-Corruption South and SE Asia Summit
  • ACI 14th Annual Conference
    20-22 Oct 2010, Melbourne
    ACI 14th Annual Conference
  • 4th Anti-Corruption China Summit
    Nov 30-2 Dec 2010, Beijing, China
    4th Anti-Corruption China Summit
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The Red Flag Group is a Governance, Risk & Compliance advisory & technology firm, and not a law firm nor CPA firm. We do not provide legal advice nor provide attest services, audits, or other engagements in accordance with the AICPA's Statements on Auditing Standards.