Identifying and managing risk in your supply chain can be a difficult and time-consuming task. Particularly with larger supply chains, it’s difficult to know where to start, and where to focus your effort.
Introducing Radar, Sedex’s risk assessment tool.
Radar enables businesses to conduct a risk assessment of themselves or their supply chains, assessing risks by country and sector, and also by site. The tool allows you to analyse and compare not only your supplier risk, but also the management performance at a site. Radar enables you to:
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- Design action plans
- Mitigate risk
- Support supplier efforts to improve their management systems
Radar contains risk data based on independent and reputable sources that assess risks in the four SMETA pillars and 14 risk topics. Radar also includes site data that is based on information uploaded by suppliers, in their profile and Self-Assessment Questionnaire (SAQ), and from third-party audit reports.
Radar consists of three sections, or tools:
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The pre-screen tool provides an initial risk assessment prior to sites being registered on Sedex. It is particularly useful for those beginning a risk assessment of their suppliers, or who want to start assessing risks beyond their first tier. All islamic content in one placeread books online free.
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This tool combines inherent (country and sector) risk information with data from suppliers connected to your business within Sedex Advance. It helps you to identify suppliers operating in high risk environments or with workers more vulnerable to labour exploitation.
The site assessment tool enables businesses to analyse and understand the complexity of risk associated with a single site. This is a useful tool for new and existing Sedex members who want to better understand and support specific sites.
How does Radar fit into the risk assessment process?
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Radar is designed to support your journey through the risk assessment process. If you are in the early stages of developing a risk assessment strategy, make sure you first read our guide to risk assessment in supply chains, which explains what risk assessment involves and why you should do it. Radar can help you carry out the key stages of a risk assessment within the human rights due diligence process, helping to inform your next steps: validating whether the risks are occurring in practice, and developing action plans to manage and mitigate them.