Vendor Compliance & Audit
The Vendor Compliance and Audit function assesses vendor performance and standards to ensure that they meet requirements set forth by industry regulatory agencies and/or company management. Vendors, or suppliers, are judged on several criteria, including quality management practices, delivery performance (Is the shipment on-time, complete, in good order? Was advanced shipment notification [ASN] received?), facility productivity and safety, and distance to company facilities/receiving locations. Effective vendor screening can improve materials availability, overall product quality and manufacturing productivity.