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COMPLIANCE Vendor
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Vendor Compliance Lifecycle Showing Renewal Selection & Implementation3
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Vendor Compliance Management Quality Process & Regulatory4
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Vendor Compliance
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Vendor Compliance Plan Assess Design Implement & Review6
Plan
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Vendor Compliance Showing First Level Accountability & Second Level Visibility7
+
More
Value
Less
Value
-
Collaborationscale
2
Second Level
Visibility
• Visibility To True Vendor Performance
• Rapid Communication To Vendors
• Fair, Complete, Objective Data
Enhances Credibility
• Reports
Automated
• Improved flow
▪ Highly automated
▪ Good scope, depth, and
accuracy
1
First Level
Accountability
• More Violations
Detected
• More Issues
Resolved
• Very
Limited
Value
• Manual
Detection
• Manual
Documentation
• Improved scope, depth, and
accuracy
• Programs typically only detect violations and
create chargebacks.
Third Level
Predictability
• Predictable Supply Chain Performance
• Informed Merchandising Planning
Best in-
class3
Vendor Compliance Showing Normalize System & Process Realization8
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and Process
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Vendor Compliance Showing Procurement Contract Negotiations & Termination9
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Procurement
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Contract Negotiations
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Risk Assessment
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Vendor Compliance Showing Requirements Regulations Rules & Transparency10
COMPLIANCE
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Audit
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Vendor Compliance
Showing Requirements
Transparency Regulation
Terms & Standards
11
Vendor Compliance Showing Talent Acquisition & Workforce Management12
Implementation
Selection
Compliance
Performance
Operational
Performance
Vendor Compliance
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