Vendor Compliance and Logistics: Achieving Dependable Relationships With Your Suppliers

Your suppliers have many compliance regulations to manage and meet. Every one of their clients has their own set of rules for packaging, handling, and delivery. Often times, they have trouble keeping track of these guidelines and end up dissatisfying a few of their clients. The more suppliers your business has, the more complicated shipments become. Set regulations do not always get followed. This leaves your staff having to deal with fees charged for non-compliance and unhappy customers.

If a vendor does not meet the guidelines regularly and fees must be charged quite often, the relationship between your company, staff members, and the individual supplier is harmed. Many companies struggle with this part of their business. The first step in getting reliable vendor results is creating compliance rules that are easy to understand and follow. Your business must be able to effectively enforce these guidelines so that a good relationship is developed with each supplier.

Vendor compliance and logistics improves the performance of both vendors and a business. Outside service providers and applications assist with the enforcement of compliance guidelines. These tools take the set rules into account for each vendor shipment. They set the shipment dates based on carrier performance, processing time, and transit times. Established pricing and guidelines are included in the evaluation. Shipping and delivery dates are set according to this information allowing for timely deliveries and more dependable vendor servicing. Defined guidelines are always met. The hassles of improperly packaged products and untimely deliveries are no longer an issue. Vendors are consistently in compliance, do not have to be charged fees, and everyone wins. A better overall relationship is built with each supplier because there are fewer problems and they are dependable. Compliance enforcement applications lower costs, reduce staff time, and increase vendor performance.

Vendor Compliance Reduces Delivery Issues and Costs

Vendor compliance does more than just accomplish better relationships with suppliers and customers. It helps in lowering distribution and inventory costs. When products are delivered to the wrong company location due to improper labeling, it messes up inventory counts for your business. Even worse, bad labeling can cause the wrong product to be sent to customers. They in turn do not have the product needed for their customers. Inventory counts are not only wrong for your business but also your customers. This is frustrating for them because they are not getting what they are paying for. Product must be shipped back and they have to wait for the right item to be delivered.

Bad packaging may lead to a damaged product. These losses increase costs and harm the reputation of a business. Improper scheduling causes untimely deliveries and raises overall distribution costs. Compliance applications reduce these issues by including the guidelines for each vendor in the shipment decision. Rules and delivery information are evaluated for a more dependable shipping date. Products arrive on time, packaged correctly, and undamaged. Vendors have an easier time meeting the demands of your business when these applications are used to enforce compliance. Your business develops a good relationship with suppliers and has a better reputation because of their dependability.

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