- Create a standardized vendor management process to increase efficiency
- Manage Vendor relationship throughout the entire supply chain life cycle
- Centralize database for easy review & improved decision-making
- Ensure both business and vendors meet all requirements of a contract
FMCG industry clients depend on multitude of third party vendors and suppliers for their inventory. To improve efficiency of store and retrieve vendor information through a centralized database streamline all interactions between you and your suppliers. Integrated Supplier Relationship Management Software solutions are critical for business like FMCG that has huge volume of products & movements of goods.
Vendor base management is a process that comprises of vendor selection, risk assessment, contract negotiation, on-boarding, and managing performance and monitoring / mitigating risk. By integrating Vendora VMS software FMCG companies can manage vendors and PO’s to the fullest, get a broader picture of the risk level, negotiate better rates and have access to discounts and incentives that increase the profit margin.
Game-changing experience include