Common use of AUDIT PROGRAM Clause in Contracts

AUDIT PROGRAM. We conduct supplier audits in accordance to our audit program. They can be scheduled, event- driven or in the form of a self-audit. An audit team nominated by the Procurement Department handles the choice of an audit as well as its organization, planning and implementation in close collaboration with the individual departments. The supplier is given timely notice of the upcoming supplier audit and must ensure that it goes smoothly. With event-driven supplier audits, e.g. commencing with classification at Escalation Level 2, we reserve the right to conduct immediate audits and bill the costs to the party responsible. Outside of the escalation model, we reserve the right to audit our suppliers at least every five years. The supplier must also prepare an audit plan, which codifies the regular performance of internal product and process audits and their scope. VDA Volume 6 Part 5 or VDA Volume 6 Part 3 or equivalent procedures must be used. Audits by sub-suppliers must be taken into account. voestalpine requires all process participants to conduct regular audits in accordance with applicable standards, etc., and authorize their execution by external partners to ensure compliance with all customer-, product- and process-specific requirements.

AUDIT PROGRAM. We conduct supplier audits in accordance to with our audit program. They can be scheduled, event- driven or in the form of a self-audit. An audit team nominated by the Procurement Department handles the choice of an audit as well as its organization, planning and implementation in close collaboration with the individual departments. The supplier is given timely notice of the upcoming supplier audit and must ensure that it goes smoothly. With event-driven supplier audits, e.g. commencing with classification at Escalation Level 2Xxxxx 0, we reserve the right to conduct immediate lightning audits and bill xxxx the costs to the party responsible. Outside of the escalation model, we reserve the right to audit our suppliers at least every five years. The supplier must also prepare an audit plan, which codifies the regular performance of internal product and process audits and their scope. VDA Volume 6 Part 5 or VDA Volume 6 Part 3 or equivalent procedures must be used. Audits by sub-suppliers must be taken into account. voestalpine requires all process participants to conduct regular audits in accordance with applicable standards, etc., and authorize their execution by external partners to ensure compliance with all customer-, product- and process-specific requirements.

AUDIT PROGRAM. We conduct supplier audits in accordance to with our audit program. They can be scheduled, event- driven or in the form of a self-audit. An audit team nominated by the Procurement Department handles the choice of an audit as well as its organization, planning and implementation in close collaboration with the individual departments. The supplier is given timely notice of the upcoming supplier audit and must ensure that it goes smoothly. With event-driven supplier audits, e.g. commencing with classification at Escalation Level 2, we reserve the right to conduct immediate lightning audits and bill the costs to the party responsible. Outside of the escalation model, we reserve the right to audit our suppliers at least every five years. The supplier must also prepare an audit plan, which codifies the regular performance of internal product and process audits and their scope. VDA Volume 6 Part 5 or VDA Volume 6 Part 3 or equivalent procedures must be used. Audits by sub-suppliers must be taken into account. voestalpine requires all process participants to conduct regular audits in accordance with applicable standards, etc., and authorize their execution by external partners to ensure compliance with all customer-, product- and process-specific requirements.

AUDIT PROGRAM. We conduct supplier audits in accordance to with our audit program. They can be scheduled, event- event - driven or in the form of a self-auditself -audit. An audit team nominated by the Procurement Department handles the choice of an a n audit as well as its organization, planning and implementation in close collaboration with the individual departments. The supplier is given timely notice of the upcoming supplier audit and must ensure that it goes smoothly. With event-driven event -driven supplier auditsau dits, e.g. commencing with classification at Escalation Level 2, we reserve the right to conduct immediate lightning audits and bill the costs to the party responsible. Outside of the escalation model, we reserve the right to audit our suppliers at least every five years. The supplier must also prepare an audit plan, which codifies the regular performance of internal product and process audits and their scope. VDA Volume 6 Part 5 or VDA Volume 6 Part 3 or equivalent procedures must be used. Audits by sub-suppliers sub -suppliers must be taken into account. voestalpine requires all process participants to conduct regular audits in accordance with applicable standards, etc., and authorize their execution by external partners to ensure compliance with all customer-customer -, product- product - and processproce ss-specific requirements.

AUDIT PROGRAM. We conduct supplier audits in accordance to our audit program. They can be scheduled, event- event - driven or in the form of a self-auditself -audit. An audit team nominated by the Procurement Department handles the choice of an audit as well as its organization, planning and implementation in close collaboration with wit h the individual departments. The supplier is given timely notice of the upcoming supplier audit and must ensure that it goes smoothly. With event-driven event -driven supplier audits, e.g. commencing with classification at Escalation Level 2, we reserve the right to conduct co nduct immediate audits and bill the costs to the party responsible. Outside of the escalation model, we reserve the right to audit our suppliers at least every five years. The supplier must also prepare an audit plan, which codifies the regular performance performanc e of internal product and process audits and their scope. VDA Volume 6 Part 5 or VDA Volume 6 Part 3 or equivalent procedures must be used. Audits by sub-suppliers sub -suppliers must be taken into account. voestalpine requires all process participants to conduct regular audits in accordance with applicable standards, etc., and authorize their execution by external partners to ensure compliance with all customer-customer -, product- product - and process-specific process -specific requirements.

AUDIT PROGRAM. We conduct supplier audits in accordance to with our audit program. They can be scheduled, event- driven or in the form of a self-audit. An audit team nominated by the Procurement Department handles the choice of an audit as well as its organization, planning and implementation in close collaboration with the individual departments. The supplier is given timely notice of the upcoming supplier audit and must ensure that it goes smoothly. With event-driven supplier audits, e.g. commencing with classification at Escalation Level 2Xxxxx 0, we reserve the right to conduct immediate lightning audits and bill the costs to the party responsible. Outside of the escalation model, we reserve the right to audit our suppliers at least every five years. The supplier must also prepare an audit plan, which codifies the regular performance of internal product and process audits and their scope. VDA Volume 6 Part 5 or VDA Volume 6 Part 3 or equivalent procedures must be used. Audits by sub-suppliers must be taken into account. voestalpine requires all process participants to conduct regular audits in accordance with applicable standards, etc., and authorize their execution by external partners to ensure compliance with all customer-, product- and process-specific requirements.