A policy statement explaining the Compliance law will be published in the supplier portal and all the suppliers who would like to deal with the enterprise must read and accept this statement before getting onboard.
- Supplier invitations will have a policy statement that the supplier must accept before registration.
- Whenever a policy statement is revised, the new Supplier Policy Statements will need to be accepted by all Supplier Users. Unless accepted, the User cannot log in
- Even if one of the Supplier Contact has explicitly rejected the Supplier Policy Statement, the Supplier will be classified as Gray listed.
- At the time of Rejection, a descriptive reason for rejection will also be provided by the user who rejects.
The Supplier Policy Statements will thus let you create the policy statement for each organization unit.
Menu Path: Supply Chain Compliance >> Supplier Policy Statements
For a selected Organization Unit, only one Policy Statement can be active. In case you edit the active one, the newly revised policy statement will become active and the parent statement will become inactive.
Actions/Operations
- Create New From: The user can modify the selected policy and create a new revision.
- View: View the policy statement.
- View Acceptance Details: View the complete list of suppliers who have accepted the policy statement, suppliers who have rejected the statements, the total number of supplier users, etc. as shown below.
