Why Do You Need a Physical Audit or Supplier Survey?
A supplier survey is the first layer of defense against fraud and poor-quality sourcing. Here’s why this audit is critical for your procurement strategy:
- ✅ Fraud Prevention: Confirms that the supplier is a legitimate business and not a scam.
- ✅ Verified Location: Ensures the factory or office physically exists at the claimed address.
- ✅ Business Legitimacy: Checks business registration, tax licenses, and ownership documentation.
- ✅ Capability Check: Assesses whether the supplier has the facilities and capacity to fulfill your orders.
- ✅ Informed Decision-Making: Provides accurate data for vendor evaluation and risk assessment.
Without a supplier audit, you risk entering contracts with ghost companies or unqualified manufacturers.
How does TIC perform the audit?
The TIC The Auditor will review each department of the company/factory. Each process and protocol will ver verified against ISO 9001:2015 Standards. This includes the following parts:
What Does a Physical Audit / Supplier Survey Include?
TIC’s auditors conduct a comprehensive on-site inspection and collect verifiable data, including:
- Verification of physical address and facility existence.
- On-site review of business registration and licenses.
- Confirmation of ownership and banking information.
- Factory walk-through and operational checks.
- Evaluation of equipment and manufacturing capabilities.
- High-resolution photos of the facility and documents.
- Final report prepared and delivered within 24 hours.
This hands-on audit gives you clarity, confidence, and the documentation needed to move forward with or reject a supplier.
We will check the given location by the supplier
Onsite verification of business license, tax declaration, registered company address.
Verify and record bank accounts and owner ship information.
Perform a basic audit of the facility found here.
Verify capabilities of the vendor in the given location.
Prepare detail report with many photos.
TIC release your Audit report within 24 hours.
What Happens After the Physical Audit is Completed?
After TIC completes the audit, you’ll receive a professional audit report that includes:
- ✅ Verified supplier identity and facility address
- ✅ Legal business documents and registration photos
- ✅ Ownership details and banking verification
- ✅ Facility images showing actual operating conditions
- ✅ Summary of findings and potential red flags
- ✅ Auditor’s recommendations based on ISO 9001:2015
- ✅ A ready-to-use PDF report delivered within 24 hours
This report helps you make fast, smart, and safe sourcing decisions—whether it’s approving a new supplier, renegotiating terms, or walking away from a potential risk.
