MIT SCALE Expo 2025

At the MIT Center for Transportation & Logistics

Supplier Audit Prioritization: Navigating the Quality-Cost Trade-Off

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Authors:
Xiaofeng Wu
Ningbo China Institute for Supply Chain Innovation (NISCI)

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Summary:
Supplier quality audits play a crucial role in the mechanical industry. Appropriate distribution of audit resources direct impact on the audit work and prioritization. The time-driven supplier quality audit model is implemented. To provide recommendations how to set supplier audit priorities based on quality risk management and cost control.

Supplier Audit Prioritization: Navigating the Quality-Cost Trade-Off
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One response to “Supplier Audit Prioritization: Navigating the Quality-Cost Trade-Off”

  1. John Luff

    Interested in learning more!
    We’ve established a Supplier Audit program at SimpliSafe but are also wrestling with not only the cost, but the effort/time required to perform audits. Also fully understanding the value and whether we have resources for follow up. An audit report with no further action, arguably has little true value, beyond a check of a box.

    Reply

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