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SAE AS5553 Supplier Risk Assessment Checklist

This checklist is designed to guide aviation industry professionals through a comprehensive supplier risk assessment process in compliance with SAE AS5553. It covers supplier qualification, performance evaluation, and ongoing monitoring to mitigate risks associated with counterfeit electronic parts.

SAE AS5553 Supplier Risk Assessment Checklist

by: audit-now
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About This Checklist

The SAE AS5553 Supplier Risk Assessment Checklist is an essential tool for aviation industry professionals to evaluate and mitigate risks associated with electronic parts suppliers. This checklist aligns with the SAE AS5553 standard, focusing on supplier qualification, monitoring, and risk management processes. By implementing this checklist, aerospace organizations can enhance their supply chain security, reduce the likelihood of counterfeit part infiltration, and maintain compliance with industry regulations.

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Industry

Aerospace and Defense

Standard

SAE AS5553 - Counterfeit Electronic Parts Prevention

Workspaces

Aerospace Procurement Office

Occupations

Supplier Quality Engineer
Procurement Manager
Supply Chain Analyst
Quality Assurance Specialist
Risk Management Officer
1
Is the supplier compliant with SAE AS5553 requirements?
2
What is the performance score of the supplier (1-5)?
Min: 1
Target: 5
Max: 5
3
What measures does the supplier have in place to prevent counterfeit parts?
4
When was the last audit conducted for the supplier?
5
Does the supplier have a documented quality management system in place?
6
What is the assessed risk level of the supplier?
7
What corrective actions has the supplier implemented in response to previous findings?
8
What is the supplier's on-time delivery rate percentage?
Min: 0
Target: 95
Max: 100
9
Has the supplier provided all required documentation for review?
10
When is the next scheduled review of the supplier's performance?
11
What is the frequency of audits conducted on the supplier?
12
How many non-conformance reports have been issued against the supplier in the last year?
Min: 0
Target: 0
Max: 100
13
What is the assessment of the supplier's technical capability?
14
Does the supplier have an ongoing training program for their employees?
15
What innovation initiatives has the supplier undertaken in the past year?
16
What is the current capacity utilization rate of the supplier (in %)?
Min: 0
Target: 80
Max: 100
17
What is the supplier's financial stability score (1-10)?
Min: 1
Target: 8
Max: 10
18
What are the supplier's standard payment terms?
19
Does the supplier have adequate insurance coverage?
20
What is the current debt situation of the supplier?

FAQs

The checklist helps organizations thoroughly assess suppliers' capabilities, processes, and controls, reducing the risk of procuring counterfeit electronic parts.

It evaluates suppliers' quality management systems, traceability processes, testing capabilities, and historical performance in delivering authentic parts.

Assessments should be conducted initially for new suppliers and periodically (typically annually) for existing suppliers, with additional reviews triggered by significant changes or performance issues.

Yes, the checklist can be tailored to address specific risks associated with different supplier categories, such as distributors, brokers, or original component manufacturers.

By providing a structured approach to supplier evaluation, it enables organizations to identify areas for improvement, set performance targets, and track progress over time.

Benefits of SAE AS5553 Supplier Risk Assessment Checklist

Streamlines supplier qualification and risk assessment processes

Helps identify potential vulnerabilities in the supply chain

Facilitates continuous monitoring of supplier performance

Supports data-driven decision-making in supplier selection

Enhances overall compliance with SAE AS5553 requirements