mnp3702 (MNP3702)

Discuss the three functions in a contract that will be necessary to complete the level of compliance management. (6 marks) To manage a supplier's level of compliance with the contract, the following three functions should be in place: 1. Monitoring - Suppliers should be constantly monitored against the minimum requirements and key performance indicators set in the contract between the buyer and supplier. This comparison provides a mechanism to judge the performance of the supplier fairly. ...