Due Diligence Framework and Review

Sponsored by the CFO, the Director of Supply Chain and Property engaged ArcBlue to support a desk top due diligence review of the identified suppliers. A collaborative approach with stakeholders was taken due to:

1. Identify the profile of “high-risk” suppliers that should be assessed
2. Develop a due diligence framework and process

The process was then trialled with the business and refined.

For each individual due diligence request, a brief sheet was completed by the client. This was then communicated to the ArcBlue consultant to commence the desktop review. Within an agreed timeframe, a written report was produced, outlining risk assessment based on the information available. The report indicated recommended corrective actions or areas for further discussion/investigation with the supplier. Actions were then discussed internally with the key stakeholders, to agree next steps and ensure acceptable risk levels were maintained.

ArcBlue delivered:

• Due diligence framework which was endorsed by the CFO
• Due diligence reports with assessment criteria and recommended actions
• Due diligence report template
• Brief sheet template
• Status tracker (for internal client management)
• Risk by category matrix
  

Find out how ArcBlue can help you