CVS GMP Audit Program
CVS is pleased to advise you of our partnership with a new independent service provider, Intertek, who will assist us in executing our factory audit program. Not only does the partnership provide a cost effective solution, Intertek has developed a range of supplier assessment standards and support tools to help brands, retailers and suppliers better manage reputational risk, measure performance, communicate results and improve compliance against industry benchmarks.
Highlights of the program include:
- Recognition and rewards for compliance
- Audit requirements based on risk associated with a product category
- More timely reporting and analysis provided to both CVS and the supplier
- Social, Environmental and Security audit requirements for foreign suppliers
The program becomes effective January 1, 2012.