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Supply Chain Made Faster & Better

How a vendor scorecard measures vendor performance to keep the supply chain system effective and dynamic

 23 Aug 2022

In order to keep a supply chain working smoothly, most companies implement a vendor management software for better efficiency and productivity. Procuring professionals have to manage their suppliers to keep the supply chain going sturdy without hiccups. The quality and performance of a supplier is an important factor for vendor…

Subcontractor Management Module in Vendor Management Portal benefits both Buyers & Vendors

 02 Aug 2022

Managing vendors is an important part of operations for most companies. Any organizations preferring to utilize additional skilled technicians for all types of maintenance and project jobs can outsources parts of its manufacturing to subcontractors, where raw material/semi-finished material will be sent to vendor to have a finished product. To…

Developing a successful Vendor Onboarding Process is critical for a Vendor Management Portal System

 22 Jun 2022

Building good business relationships will lead to healthy business growth. This doesn’t apply to just clients or customers, but with regard to supplier and vendor relationships too. The first step to building critical business partnerships with vendors, starts with a vendor onboarding process that will build a strong supplier base…

How Vendor Lifecycle Management System at various Levels improves Efficiency & Resilience?

 18 May 2022

Vendor Management Software is getting wider acceptance across various industries and verticals. The system can be integrated with the ERP/SAP system but not all data generated over the process are fit for use. Now, data input comes spread across a number of disparate systems that deal with supplier transaction, collaboration…

Integrating Tally with the Vendor Management Software is Advantageous

 18 May 2022

A Vendor Management Software (VMS) can be integrated with ERP/SAP to bridge the gap found between buyers and sellers. The VMS which can be integrated with Tally software brings a big relief to the industries using only Tally to run their businesses or industries. This integration capability allows a two-way data…

Digital Technology Solution for Automated Vendor Onboarding Process

 31 Mar 2022

Organizations need to reinvent their traditional vendor management practices to derive more value out of supplier relationships. Vendor selection itself is a critical thing and being diligent in vendor onboarding will prevent problems. By Utilizing digital tools like Vendora, eliminate the risk for delays of human mistakes and strengthen relationships…

Supplier Information Management Software for Supply Chain Agility

 09 Feb 2022

Every supply chain executive whether he is into manufacturing, in distribution, or in retail has the same pains. All organizations sourcing from multiple vendors are struggling to onboard suppliers, get a 360o view of their supplier activity, tackle inefficiencies caused in operations due to redundant workloads, meet up the increased…

A better way for Purchase Order Management

 17 Jan 2022

In today’s time, Digital transformation forms a key goal for many organizations and the necessity of automating crucial function becomes very important to cut cost & increase efficiencies. As companies scale teams and operations, they struggle to keep track of purchase order status, and to break this challenge purchase order…

Transparency improves Vendor – Buyer Relationship Management

 18 Nov 2021

Transparency in business denotes openness in communication and accountability. Transparent communication is the key in a multi-vendor environment to help out the escalation of issues.  Vendor transparency is quite important to buyers during their purchasing process. Implementing vendor management solution can help buyers to achieve transparency with relatively low impact…

Key Things to Consider in Vendor Management Integration to Increase your Business ROI & Sales

 23 Oct 2021

In today’s dynamic business environment, adopting to a vendor management software system is becoming essential to fulfill business mission. For a smooth & better vendor coordination a streamlined vendor management process with instant access to info & resources to be in place. Establishing & advancing with the most up-to-date company…

4 Simple steps to remove the Hassle out of Vendor Management

 22 Oct 2021

Vendor onboarding, contacts storage, compliance documentation, updating risk mitigation documents, streamlining communication process, performance evaluation, and giving feedback can become a challenging process when businesses doesn’t have a system in place. Advancement in IT have significantly transformed the way we conduct business, migrating your pen-and-paper vendor management strategy to an…

Top 3 Effective Steps to Improve Strategic Vendor Management System

 27 Sep 2021

In this competitive global business environment maintaining the company’s internal resources efficiently has become a major responsibility of the business owners.  To accomplish this, business leaders have to streamline their vendors strategically and build strong vendor relationships with them to gain more value. Building a strong relationship with strategic vendors…