QUICK ANSWER
Why does the product mix matter for wholesalers and distributors?
Risk can change substantially according to the products supplied, whether goods are imported or relabelled, stock values, supplier concentration, warehousing, territories, contractual responsibility, delivery activity and the potential consequences of product failure or interruption.
PROPOSAL INFORMATION
- Products and percentage of turnover from each.
- Annual turnover, exports and territories.
- Imported, own-brand or relabelled goods.
- Largest suppliers and customers.
- Stock values and warehouse locations.
- Vehicles, third-party logistics and goods in transit.
- Quality, traceability and recall arrangements.
- Claims, losses and interruption history.
CONTROLS
Useful evidence can include supplier due diligence, product traceability, quality checks, stock segregation, warehouse fire/security controls, recall planning, contract review and continuity arrangements. Return to Occupations.
