To strengthen our company's Sourcing and Risk Management programs and ensure that we are in compliance with federally mandated laws and regulations, Power Equipment Direct (PED) has partnered with GRMS | Global Risk Management Solutions to implement the PED Supplier Risk Management Program (Program) as part of our risk management policies.
Effective immediately, PED, 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 PED.
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 PED, as you have provided products to PED 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 PED reviews it.
By becoming compliant with PED'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 PED continues 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 Power Equipment Direct's projected annual spend with your company::