Mandatory vendor compliance programs are becoming more common when seeking to work with larger retailers or industrial organizations. Most have identified their own codes of conduct and/or other detailed supplier compliance requirements that often require frequent third-party evaluations for successful ongoing partnerships.
Vendor compliance programs are created as an effort to improve supply chains and solutions. Retailers, associations and others are leveraging international standards and ensuring supply-chain transparency to key stakeholders.
Compliance components vary depending on the organization. Many employ a combination of general quality management system (QMS) components, social responsibility and security. For example:
Vendor Code of Conduct Requirement Standards
Vendor (supplier) compliance evaluations and monitoring generally include the following: