What may be assessed during a supplier audit?

Enhance your understanding of CIPS Ethical and Responsible Sourcing. Use flashcards and multiple choice questions to prepare. Get ready for the CIPS exam!

The correct choice highlights the critical aspects of a supplier audit, which centers on evaluating practices within the supplier's workplace that promote ethical and sustainable operations. This includes examining labor conditions, environmental management practices, supply chain integrity, and adherence to relevant legislation and ethical standards.

This focus is essential for organizations that prioritize Corporate Social Responsibility (CSR) as it ensures that suppliers not only meet quality and cost expectations but also align with the social and ethical values of the purchasing organization. Audits provide insights into whether suppliers are actively working to minimize environmental impact, uphold fair labor practices, and contribute positively to their communities.

In contrast, the other options do not encapsulate the primary objectives of a supplier audit. Financial performance indicators, while important, do not directly relate to the ethical or sustainable practices that are the focus of such assessments. Similarly, marketing strategies and customer feedback, as well as future product innovations, although relevant to a business’s overall success, do not pertain specifically to the scope of supplier audits, which are geared towards the ethical dimensions of procurement and operational practices.

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