Product compliance refers to the process of ensuring that a product meets specific standards and regulations set by governing bodies. This can include safety, quality, and environmental guidelines that vary by industry and region. Companies must conduct tests and assessments to verify that their products adhere to these requirements before they can be sold in the market.
Compliance is crucial for protecting consumers and maintaining fair competition. It helps prevent the sale of unsafe or substandard products, thereby fostering trust in brands. Organizations often seek certifications from recognized bodies to demonstrate their commitment to product compliance and to enhance their reputation in the marketplace.