Legal Validation Checking

Legal Validation Checking

Supplier Verification audit checks your potential suppliers against certain internationally recognized standards. Vendor validation is the process that confirms a supplier as a legitimate entity. It can save your company significant money by ensuring that you are not contracting with fraudulent vendors and that your existing vendors have not been renamed, relocated, or gone out of business.

While you may have a trusted vendor of semiconductors who has served your business well over the years, it is not enough to trust that the semiconductors will continue showing up year-after-year, as any of the following may happen if you are passive in the procurement process:

Your vendor goes out of business/ your vendor has a change of address Your vendor changes names and/or is acquired by another company / Your point of contact or person handling your account is changed

As such, vendor validation is a necessary undertaking for a business to verify its suppliers as legitimate entities, creating a smooth, uninterrupted supply chain.

LOGPERTS assures you to conduct an import/export process based on several criteria including legitimacy, Validity, Price, Quality, Service, Responsibility, Flexibility and Risk. These can help you identify how well a vendor's performance matches your expectations and standards. Also we provide you the chance to improve your relationships because you clearly communicate your needs and expectations and learn more about the product offerings. Besides, our risk evaluation which identifies the risks before purchasing, can help you determine a mitigation plan to minimize effects on your business.