Cranfield Aerospace Solutions (CAeS) are proud to announce it’s status as a JOSCAR certified supplier.
The JOSCAR (the Joint Supply Chain Accreditation Register) is valued by some of the largest purchasers in the defence community and indicates our organisation has successfully gone through the process required to demonstrate our commitment and credentials to the industry.
JOSCAR helps the defence industry meet the growing and diverse nature of regulatory requirements when it comes to managing third party risk in the supply chain.
Demonstrating compliance and continual improvement is essential for legal, regulatory and corporate governance standards and as part of effective reputation management.
Benefits for buyers
- EASIER REGULATORY REQUIREMENTComprehensive, accurate and regular updated insight into third party risk.
- SINGLE SOURCE OF TRUTHThousands of third parties in a single, searchable, reportable and easily accessible system
- REDUCED PROCUREMENT TIMESCALESInstant access to third party information, reducing the time needed to qualify new suppliers or renew contracts.
- HIGH QUALITY VALIDATED INFORMATIONWe check all third party information in accordance with a consistent, objective and continually updated process
- COST AND RESOURCE EFFICIENTCosts are shared amongst community members, significantly reducing the cost of an in-house solution
- PEER NETWORKAccess to the combined experience and resources of other members in the community with shared goals and challenge
Benefits for suppliers
- EASIER CUSTOMER COMPLIANCESimpler route to demonstrating compliance to multiple customers at the same time
- RESOURCE AND TIME EFFICIENTSingle profile for multiple customers, information request is tailored to goods and services being supplied
- SIMPLER APPROACHInformation is collected using selectable answer options rather than free text responses, making completion quicker compared to traditional questionnaires
- CONTROL YOUR INFORMATIONCompany information can be amended or updated at any time through a secure online portal
- BUSINESS IMPROVEMENTIdentify the common requirements of multiple customers and how your business might improve its compliance
- FASTER QUALIFICATIONCompleted profiles are visible to all buyer members using JOSCAR when sourcing and qualifying third parties for new business
To find out more about JOSCAR visit the Hellios website here… https://hellios.com/joscar/