Vendor Compliance

Vendor compliance refers to the adherence of suppliers to a set of predetermined standards and specifications outlined by a retailer when fulfilling purchase orders. These standards, often established as a fundamental aspect of the retailer-vendor relationship, are encapsulated in the negotiated purchase orders. Achieving vendor compliance ensures that suppliers meet the stipulated requirements, covering various aspects such as packaging, labeling, shipping, and delivery timelines. This systematic approach aims to maintain a seamless and efficient supply chain, allowing businesses to resolve issues promptly and ensure that products and services align with the retailer's expectations.

Learn more about Ivalua's Compliance Risk Management Solutions.