SIGNIFICANCE OF VENDOR AUDITING IN THE PHARMACEUTICAL INDUSTRY: A COMPREHENSIVE REVIEW Authors: Muhammed Rashid CK , MANIMARAN V*, DAMODHARAN N AND PAVITHRA K
ABSTRACT
Auditing plays an important role in the pharmaceutical sector by facilitating extensive evaluations of
organizational processes and practices. An essential aspect in the pharmaceutical industry is vendor
auditing, which significantly impacts operational efficiency, quality assurance, and regulatory
compliance. This review article presents a thorough exploration of the many aspects that highlight the
importance of vendor auditing. Initially it explains about auditing process as a methodical assessment
of organizational alignment. Then, the critical role of vendor auditing during external audits, ensuring
regulatory congruence and expanding operational improvements. Data is gathered in order to analyse
how the criteria will be satisfied. As part of an external audit a company evaluates its vendor to see if
they are following regulatory bodies. As a result, the company or organization may run a better system
and enhance operations. The vendor management system encourages timely delivery, excellent services,
reasonable pricing and the development of close and strong relationships. An audit reveals the
capabilities of the supplier allowing the manufacturer to base purchases on audit’s results. It can also
help the manufacturer update the ideas about the capacity of an unaudited supplier. Additionally, the
review elucidates how vendor certification serves as a crucial mechanism that ensures the consistency
of supplier products, streamlining quality control procedures.
Keywords: Pharmaceutical Industry, Auditing, Supplier, Audit process, Vendor certification Publication date: 15/10/2023 https://ijbpas.com/pdf/2023/October/MS_IJBPAS_2023_OCTOBER_SPCL_1029.pdfDownload PDFhttps://doi.org/10.31032/IJBPAS/2023/12.10.1029