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Using Vendor Ratings to achieve & maintain ISO accreditation

By ProcurePro, published 06 Nov 2024
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For top-tier builders, achieving and maintaining ISO accreditation is a mark of excellence that sets them apart in a competitive industry.

As the industry evolves, discovering ways to work smarter is critical, and can be a big step forward for companies working toward or maintaining ISO accreditation.

Speaking to the industry, we found that builders were crying out for an integrated Vendor Ratings system to allow their teams to efficiently and accurately assess vendors. They wanted a system that surfaced vendor performance data when it mattered most, throughout multiple points in the procurement process.

The result? A solution that not only provides operational efficiencies and better commercial outcomes, but also helps contractors meet standards for quality (ISO 9001), environment (ISO 14001), and health & safety (ISO 45001), ensuring projects meet key benchmarks. Here’s how:

1. Ensure consistent quality (ISO 9001) ✅

ISO 9001 is all about delivering quality that clients can rely on. Vendor Ratings help you zero in on vendors who consistently meet your standards, assessing factors like project quality, adherence to specifications, and timeliness.

With this data-driven approach, you’re not just choosing vendors—you’re building a team of partners who share your commitment to excellence.

2. Identify & manage supply chain risks (ISO 9001 and ISO 45001) 🔍

Awarding a contract to an unsuitable vendor can be costly, but Vendor Ratings give you a way to spot potential issues early by having access to each vendor’s reliability, quality, and safety feedback within your company, at any point in the procurement process.

These insights help prevent issues down the track, creating a more resilient supply chain that aligns with the high standards of ISO 9001 and ISO 45001.

💡Access to Vendor history insights can also help you meet these requirements.

3. Champion sustainable procurement (ISO 14001) 🌎

Sustainability is increasingly important, and ISO 14001 emphasises environmental management. Vendor Ratings let you consider vendors’ environmental practices, such as eco-friendly materials or carbon reduction efforts.

By choosing vendors who prioritise sustainability, you’re meeting ISO 14001 goals and setting your business up for the future.

4. Create a documented vendor management process (ISO 9001) 📁

ISO standards require transparency, and with Vendor Ratings, you can keep detailed records of every vendor assessment.

This trail is invaluable for ISO 9001 compliance, giving auditors a clear view of a structured vendor selection process.

5. Drive continuous Improvement (ISO 9001) 📈

ISO 9001 promotes ongoing improvement, and Vendor Ratings can help by tracking vendor performance over time.

Regular feedback and tracking of performance allow you to work with vendors who consistently meet and exceed standards, or provide support to those that don’t.

How Vendor Ratings aligns with specific ISO clauses 🏆

Vendor Ratings directly support critical clauses within ISO standards, including vendor management, supplier evaluation, and continuous improvement:

  • ISO 9001:2015 – Clause 8.4 (Control of Externally Provided Processes), Clause 9.1.3 (Analysis and Evaluation), Clause 10.3 (Continual Improvement).
  • ISO 14001:2015 – Clause 8.1 (Operational Control), Clause 6.1.2 (Environmental Aspects).
  • ISO 45001:2018 – Clause 8.1.4 (Procurement), Clause 9.1.2 (Evaluation of Compliance).

Each of these clauses reflects the value of having a robust, data-driven Vendor Rating system that aligns with the ISO framework. By actively managing and improving vendor relationships, you’re building a safer, more sustainable, and quality-focused business.

Your key to smarter, more effective procurement

🌟 Vendor Ratings aren’t just about compliance—they’re about transforming your procurement process to support ISO standards and drive long-term success.

From reducing risks to improving quality and sustainability, Vendor Ratings create a clear path toward ISO accreditation and help you maintain it with confidence.

Are you ready to take your procurement process to the next level? Learn more about Vendor Ratings or speak to our expert team.

ProcurePro

ProcurePro

ProcurePro is revolutionising procurement for the construction industry! Consolidate 15+ fragmented procurement processes traditionally managed with Excel, Word and 1000s of emails, into a single paperless platform and enjoy 50% faster procurement.