laisuat

Supplier Qualification & Due Diligence

 

Laisuat’s procurement risk management process requires that we conduct reasonable due diligence in engaging, selecting and assessing suppliers throughout their Laisuat lifecycle.

 Laisuat requires basic information from its suppliers to provide transparency to its supply chain and potential risks. Subject to local legal requirements and the sustainable procurement risk analysis, suppliers may be asked to provide information to confirm:

 -Corporate and legal information

 -Financial information

 -Business practice information that allows Laisuat to evaluate potential supply chain risk

 -Acknowledgement of the Laisuat Supplier Code of Conduct

 -Applicable supplier company classification and/or diversity information

 

In some cases, Laisuat may retain an independent third party to help conduct supplier due diligence. Suppliers to Laisuat are asked to cooperate with these requests on behalf of Laisuat.

Questions about the qualification or supplier on-boarding standards can be made to: [email protected]