1. Vendor Due Diligence & Onboarding
Establish and manage a structured vendor onboarding and due diligence process.
Define minimum eligibility and selection criteria for different categories of vendors.
Conduct comprehensive checks on vendors before onboarding, including:
Business registration and statutory documents
GST and PAN validation
Company ownership and beneficial ownership
Bank account and financial information
Business address and operational existence
Relevant licenses and certifications
Coordinate with external background verification and due diligence agencies where required.
Conduct background checks and assess the credibility and track record of prospective vendors.
Ensure all mandatory documents are collected, verified, approved, and maintained before vendor activation.
2. Vendor Risk Assessment
Develop a systematic vendor risk assessment framework based on factors such as financial stability, compliance history, operational capability, documentation, reputation, and business criticality.




Conduct financial health checks and identify potential indicators of vendor failure or financial distress.
Identify and assess supply chain and operational risks associated with vendors.
Categorize vendors based on risk levels and define appropriate monitoring requirements.
Flag high-risk vendors to relevant stakeholders and recommend appropriate mitigation measures.
3. Vendor Compliance Management
Monitor compliance with vendor agreements, terms and conditions, contractual requirements, and organizational policies.
Develop and maintain vendor compliance policies and standard operating procedures.
Establish appropriate compliance clauses and requirements within vendor agreements.
Track expiry and renewal of licenses, registrations, certificates, and other statutory documents.
Identify gaps in vendor compliance and ensure timely corrective action.
Maintain a centralized and up-to-date vendor compliance database.
4. Vendor Audits & Verification
Plan and conduct period

📌 Manager – Vendor Compliance (India)
🏢 Plastics For Change
📍 India