Supplier Evaluation
Supplier Evaluation Services
At LFI Logistics, we provide a comprehensive range of supplier evaluation services to help you establish and maintain strong partnerships with reliable suppliers. Our evaluations cover various aspects of supplier performance, social responsibility, and financial stability.
Oftentimes, new suppliers are eager to earn your business and will provide their best service… at first. This can sometimes slip as they cut costs and try to increase profit. Don’t let your product’s quality, and your reputation, slip along with it.
Rest easy with LFI Logistics on your side.
Overview of LFI Logistics’s Supplier Evaluation Services
At LFI Logistics, we have a deep understanding of the challenges faced by overseas customers when it comes to assessing the reliability of suppliers and factories in Asia. Our team will work closely with you, tailoring our services to meet your specific needs and requirements. From factory audits to social compliance audits, we will provide detailed reports and recommendations, helping you ensure that your suppliers in Asia meet the high standards you demand.
Factory audit to ensure suppliers’ reliability and quality commitment
Our FA services thoroughly assess the manufacturing facilities of potential suppliers. We evaluate their production capabilities, quality control systems, and overall compliance according to the standards you set. Detailed reports and recommendations enable you to make informed decisions when selecting suppliers.
✔ Company profile
✔ Organization structure
✔ Production process
✔ Production capacity
✔ Facilities & machinery
✔ Quality assurance system
✔ R&D
✔ Special requirements client
Review of legal liabilities
With access to the latest legal filings, we can tell you about legal issues that a factory might be facing before you place an order. Are they being sued for copyright infringement? Are they being sued because they haven’t paid their workers’ wages? Knowing this can help you determine the quality of goods the supplier is producing, and the company’s overall commitment to its workforce. Have they sued their suppliers for breach of contract? Knowing this can help you determine what kind of company they are an whether they would be reliable business partner.
✔ Business scope: The scope covered in the business license (production area, warehouse, dormitory, etc.)
✔ Personnel scope: Know about any liabilities in this area
✔ Know who their investors are
✔ Know if the investors are also involved in other businesses ~ how committed are they to what they are doing?
Check to see how much they’ve shipped and where
Let us check customs records to see who they have shipped to and where. Have they sent out a lot of stock? Or just a little? Knowing this will help you to know how healthy the supplier is. The more business they’ve done, the more likely they are to produce quality orders on time.
✔ Registration and ownership
✔ History
✔ Key executives
✔ Key financial figures in the past three years
✔ Industrial comparison
✔ Banking
✔ Operation
✔ Sales and purchase
✔ Payment record
✔ Credit rating analysis
Why Choose Us
LFI Logistics is the hardest-working product inspection company in Asia using ‘outsider’ inspectors ONLY.
Expertise in Audit
Our team of auditors consists of highly skilled, full-time professionals with extensive experience and certifications in auditing. With over 15 years in the industry, we possess in-depth knowledge of auditing standards and regulations, enabling us to provide accurate and reliable audit reports.
Globally Accredited and Recognized
LFI Logistics is fully accredited by leading international authoritative bodies, guaranteeing that our services adhere to the highest global standards. As a result, our audit services are of the utmost quality and meet the expectations of importers, retailers and brands.
Regional Focus
With a strong presence in Asia, LFI Logistics has a deep understanding of regional business environments and practices. Our auditors are well-versed in both local and international regulations as well as cultural nuances, allowing us to provide tailored audit solutions, addressing the specific challenges faced by businesses like yours.
Client-Centric Service
Your satisfaction is our priority. Our dedicated customer service team is available 24/7 to address your inquiries and provide prompt assistance. We strive to build long-term partnerships with our clients, understand their unique needs, and deliver personalized audit solutions that add value to their organizations.