procurement compliance
[prə-ˈkyər-mənt ˈkäm-ˈplī-ən(t)s]
nounfemininepl: conformidades de aquisição / conformidades de compras
conformidade de aquisição
1. The adherence to laws, regulations, policies, and ethical standards in the purchasing and acquisition of goods and services by an organization
The company implemented strict procurement compliance procedures to ensure all purchases followed federal regulations.
A empresa implementou procedimentos rigorosos de conformidade de aquisição para garantir que todas as compras seguissem as regulamentações federais.
2. The process of verifying that procurement activities meet established guidelines and contractual obligations
Our procurement compliance audit revealed several violations in vendor selection processes.
Nossa auditoria de conformidade de aquisição revelou várias violações nos processos de seleção de fornecedores.
3. The system of controls and monitoring designed to prevent fraud, waste, and abuse in purchasing operations
Procurement compliance frameworks help organizations maintain transparency and accountability in their supply chain.
Os frameworks de conformidade de aquisição ajudam as organizações a manter transparência e responsabilidade em sua cadeia de suprimentos.
In Brazil, procurement compliance has become increasingly important due to anti-corruption laws such as the Lei da Transparência and the Lei de Licitações. In the USA, it reflects the importance of federal procurement regulations, particularly in government contracts and large organizational purchasing. The term reflects a global emphasis on corporate governance and ethical business practices.
Related Idioms & Phrases
stay in compliance with procurement standards
maintain procurement compliance
breach procurement compliance
compliance audit
procurement compliance framework
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