Vendor Management – Retail India next Software Requirement ?

In india vendor management is little new concept as compared to US or somewhere else abroad. In india vendor management concept is tied into Procurement solutions being implemented by government organizations. SME sector has no defined supplier relationship or vendor management solution in place. Probably companies still dont understand importance of having vendor management solutions in place.

Why do we need seperate vendor management solutions other than Procurement ?

With Vendor Management solutions organizations can bring in Business Intelligence and Decision making metrics in place based on previous dealing etc.

3 metric inputs can be pre-determined based on existing data available with any organization

Warehouse and Inventory management – Time to deliver product from order. product consumption

Financials – Pricing compared to other vendors/previous procurements/ future demand estimation vs cost estimation

Procurement – vendor location, past experience, product quality/certification, RFP related metrics

With retail india dependent on large supplier base for fulfilment of requirements vendor management will become a solution seperate from procurement.

Current verticals in need of vendor management solutions : Finance, Government, Textile.

With travel portals vendor management solutions can be implemented for negotiating better comission structure based on volumes achieved and other co-branding activities.

If an organization can achieve 7-9% reduction in procurement cost then money invested in vendor management solution generally pays off.

Cyberica’s own vendor management solution is in the workz soon we will beta and make available the link for customers to test.

5 Responses to “Vendor Management – Retail India next Software Requirement ?”


  1. 1 Jaisheel Amin August 14, 2008 at 6:25 pm

    Hi,
    I am Jaisheel, working as a Project manager for an upcoming hotel in Cochin (India).I need a website with a booking engine, which will be used by my hotel staff as well.

    Below are my requirements:

    1. When the Guest makes the booking online he should be able to make the payment online through his credit card.
    2. When the hotel staff operates the same system he should be able to make a room reservation by swiping the card physically and also make the reservation by selecting the cash option.
    3. The basic reason i am asking for this system is because in the end of the day i will be able to check, track and tally the entire sale for that particular day.

    Any one who understands my requirements or who wants to understand my question in a better way please feel free to call me on 09820956230 or email me on jamin@suvira.com.

  2. 2 retail epos April 23, 2013 at 7:23 am

    always i used to read smaller posts that as well
    clear their motive, and that is also happening with this article which I am reading here.

  3. 3 Get cats Meow Toys Reviews June 19, 2013 at 12:39 pm

    I really like your blog.. very nice colors & theme.
    Did you design this website yourself or did you hire someone to do it for you?
    Plz answer back as I’m looking to create my own blog and would like to know where u got this from. appreciate it

  4. 4 my.barlborough.org July 21, 2013 at 2:28 am

    There are a lot of other exercises that can help
    you jump higher. If I was coaching a basketball team I
    would have them all on a three month plyometricprogram. Headphone
    Jack: i – Phone 5 doesnt have headphone jack, without headphone jack would suck since
    none of my vehicles have any kind of Bluetooth
    capabilities and wont in the near future.

  5. 5 click this link October 6, 2014 at 1:40 am

    My reelatives all the time say that I am wasting my time her
    att net, but I know I am getting experience
    daily by reading such fastidious posts.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




Contact Details

E-mail:siddharthpuri@gmail.com Call Me :+91-9910444460
December 2006
M T W T F S S
« Nov   Jan »
 123
45678910
11121314151617
18192021222324
25262728293031

%d bloggers like this: