#vendor #compliance refers to the #adherence of #suppliers and #service #providers to the established standards, #regulations, and contractual terms set by a #company. This ensures that vendors follow legal, ethical, and operational guidelines to maintain consistency, quality, and safety in #business #operations. Vendor compliance helps companies mitigate risks, avoid #legal liabilities, and prevent penalties by ensuring that all parties meet regulatory requirements.
Read Blog: https://blogs.venops.com/vendor-compliance/