VENDX Supplier Portal
Comprehensive Supplier Directory
VENDX Supplier Portal is the state of art Supplier Information Management platform to determine capabilities & risks pertaining to each of the suppliers of the organization & also invite new suppliers specific to a category with relevant desired capabilities.
Key Organizational Challenges We Address
- Obsolete Information on Suppliers: Most information on vendor capabilities & sustainability is collected at the time of vendor onboarding & never or rarely updated leading to a lack of the latest information on vendors
- Inappropriate risk mitigation due to absence of availability of desired information on capabilities of suppliers and risk matrix at the time of taking buying decisions
- Difficult, time-consuming & complex process for evolving vendor sustainability matrix
- Cumber some vendor approval process due to inability to collect customized category-specific vendor information to determine vendor capabilities in the context of the category & seek approval of key stakeholders
- Lack of visibility of your organization need to potential competent vendors to increase the number of capable vendors for a category / an item for the more competitive bidding process
- Lack of information on capabilities improvements done by suppliers to leverage the same to plan organizational future strategies leveraging supplier pool to its best
KEY FEATURES of VENDX Supplier Portal
- Centralized Repository of all Supplier’s data for the entire organization.
- Data collection based on categories for most appropriate assessment of Vendor Capabilities.
- Auto-generation of Vendor Sustainability Matrix.
- Comparative Analysis of capabilities of different suppliers.
- Mobile compatibility.
- Self-update of information by suppliers
- Ease of onboarding new suppliers
BENEFITS of VENDX Supplier Portal
- Easy access to updated information of every supplier
- Most appropriate selection of supplier post consideration of all risks
- Competitive buying due to easy of on boarding new vendors
- Simplified & transparent vendor onboarding process.
- Timely actions on vendor risk mitigation.
- Brand positioning of your organization.