How does your approach to supplier risk assessment stack up?

In the era of Assurance 4.0 - the new era of risk - data informed decision making has never been more vital when assessing supplier risk and setting value chain risk management priorities for product integrity.

What data does your company use to determine supplier risk?

a) FSQ nonconformance risk data

b) Inherent material/product risk, e.g. BCP

c) Social compliance risk data

d) External risk factors, e.g. global recalls, economic, environmental

e) Multi-faceted risk rating system using 3 or more of the above

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How does your approach to supplier risk assessment stack up?