Vendor Management Service
We help organizations to optimize relationships with vendors/ suppliers to receive better products, services, and/or support, identify/manage risks while reducing overall costs.
Our vendor management services encompass the following.
- Vendor identification, evaluation & selection
- Contract creation, negotiation & management
- Vendor evaluation by conducting reviews, setting up of vendor KPI’s, monitoring quality and Service Level Agreement (SLA) compliance
- Vendor transition
- Identifying of opportunities to cut costs and enhance vendor terms
Our value additions
- Reduced cost of procurement by fine-tuning the process.
- Lower inventory costs by optimal purchasing.
- Efficient purchasing will enhance profit levels.
- Better productivity as resources can focus on core business
