vendor accountability
[ˈvɛndər əˌkaʊntəˈbɪləti]
noun
responsabilidade do fornecedor
1. The obligation of a vendor or supplier to be answerable for their performance, quality of goods/services, contractual obligations, and compliance with agreed-upon terms and conditions
Vendor accountability is essential to ensure that suppliers meet delivery deadlines and quality standards.
A responsabilidade do fornecedor é essencial para garantir que os fornecedores cumpram os prazos de entrega e os padrões de qualidade.
2. A business practice or framework that holds external suppliers responsible for their actions, decisions, and outcomes through monitoring, auditing, and enforcement mechanisms
The company implemented vendor accountability measures to track performance metrics and reduce defects.
A empresa implementou medidas de responsabilidade do fornecedor para rastrear indicadores de desempenho e reduzir defeitos.
In Brazilian and American business contexts, 'vendor accountability' is a critical component of corporate governance and supply chain management. In Brazil, this concept became increasingly important during the 2000s-2010s as companies adopted international standards like ISO 9001 and implemented compliance programs. The term is often used in legal contracts and procurement policies to establish clear expectations and remedies for vendor underperformance. In the USA, vendor accountability is particularly stressed in government contracting and regulated industries.
Related Idioms & Phrases
hold a vendor accountable
vendor accountability framework
enforce vendor accountability
vendor accountability clause
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