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Supply chains are longer and faster, so errors cause larger issues.The urgency to achieve improved shipments, in part, compliance programs has become more important than ever thanks to a number of factors, including: Some vendor compliance programs are basic-since sometimes that’s all that’s required-whereas other programs take a more strategic approach toward optimizing their supply chains. Your program should include a requirements document that explicitly spells out your business’s compliance requirements, expectations, and penalties for missteps. What is a vendor compliance program?Ī vendor compliance program not only improves the likelihood that an order will arrive as expected, but it also helps both parties resolve problems when a shipment misses its mark. A vendor is compliant when it ships a retailer’s purchase order in such a way that it follows the retailer’s exact stipulations. Vendor compliance involves setting requirements that lead to a shipment arriving exactly how, when, and where it was ordered. Whatever the problem, when an order misses the mark, it often results in finger-pointing and a bunch of back and forth discussions as the consignee and the supplier attempt to determine what went wrong. For instance, the order could be shipped to the wrong location, it could be incomplete, or goods might arrive damaged.

What is vendor compliance?įrom the moment you make an order to the time you receive the shipment, there are dozens of things that can go wrong along any supply chain. But what does good vendor compliance look like, and why is it important? Let’s find out. A well-thought-out plan can reduce freight and supply chain logistics costs, accelerate order processing, and improve customer satisfaction. Seeing as vendors are an integral link within the entire supply chain, it’s critical that you develop a vendor compliance program.

Site: (do not type If you run a small business, it’s likely that your business relies on dozens (if not hundreds) of vendors to provide the various products and services required to operate. Please replace the current Dillard’s Vendor Guide you have with this new updated guide dated april 1, 2010. The guide is available at in a pdf format.