Final answer:
A supply chain audit includes assessing inventory management, procurement practices, logistics and transportation, and quality control.
Step-by-step explanation:
In a supply chain audit, several aspects are typically assessed to ensure efficiency and compliance. The key components included in a supply chain audit are:
- Inventory Management: This involves evaluating the accuracy of inventory records, assessing stock levels, and identifying areas for improvement.
- Procurement Practices: This includes reviewing supplier selection, pricing, and contract management to ensure optimal performance and cost-effectiveness.
- Logistics and Transportation: Assessing the efficiency of transportation methods, warehouse operations, and distribution channels helps identify opportunities for optimization.
- Quality Control: This involves evaluating product quality standards, testing protocols, and compliance with regulatory requirements.
By conducting a comprehensive supply chain audit, companies can identify weaknesses, improve processes, and enhance overall supply chain performance.