Audits, by their nature, need to be carried out by independent bodies -- not influenced by the incentives in play at the buyer or supplier organisation. Suppliers’ marketing departments are often the most visible sources of information and going deeper than marketing content can be difficult.
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IT procurement professionals will be in the forefront to ensure that the external IT services their organisations use are GDPR compliant. A working knowledge of the GDPR will be vital to identify compliance issues that will require specialist advice.
On one hand, supplier compliance is presented as a prerequisite to contract and supply; on the other hand, compliance evaluation can be a lengthy process that may run past the tendering period.
The ever increasing complexity of supply chain demands visibility, which is causing procurement managers to seek possibilities through freight bill auditing. Freight Bill Audit and Payment (FBAP) help sourcing managers to gain visibility and improve process efficiency.
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