To strengthen our company's Sourcing and Risk Management programs and ensure that we are in compliance with federally mandated laws and regulations, Ferguson has partnered with GRMS | Global Risk Management Solutions to implement the Ferguson Supplier Risk Management Program (Program) as part of our risk management policies.
Effective immediately, Ferguson, a Wolseley company, requires all current or potential product suppliers who conduct business with our company to enroll and complete the risk assessment process administered by GRMS to become "approved suppliers" for Ferguson.
The Program is designed to streamline the collection and management of key information regarding the regulatory and compliance status as well as business operations of our product suppliers.
Your company's information was provided to GRMS by Ferguson, as you have provided products to Ferguson within the past 12 months.
Like checking your personal credit reports each year, it is highly recommended that you check the information being reported about your company before Ferguson reviews it.
By becoming compliant with Ferguson's requirements, your company differentiates itself from competitors that may not be compliant which levels the playing field.
The program allows a smooth and efficient process to understand and submit required information and documents via the Veritas™ Supplier Portal.
As Ferguson continue to rationalize their supplier base, suppliers that are compliant with the risk management program are more likely to maintain and possibly increase business.
Please select the program below based on Ferguson's projected annual spend with your company: