Supplier Compliance Management
Supplier selection is a key element in ensuring that the procurement
process is optimised in terms of contracting
with compliant suppliers.
Compliance leads to performance and should never be compromised
in any sourcing
process!
The Companies Act requires companies to do business with compliant
suppliers and
contractors.
Companies should therefor not compromise
their fiduciary duty by contract with or
placing orders on
non-compliant
suppliers.
Supplier compliance in South Africa is measured in terms of three
distinctive areas, namely:
