VENDOR & CONTRACT MANAGEMENT

Sourcing in a foreign country is one of the main challenges of any company, we specialize in supporting companies with the challenges and tasks of identifying, evaluating, selection and retention of vendors which best fit the client’s business culture and project needs

With over 12 years of project activities in India, we specialize in identifying appropriate vendors based on client requirements.

When approached by a client with a sourcing project, our team thoroughly analyses the exact requirements and conducts a vendor evaluation study.

On the basis of customer needs we develop the profile of suitable vendors for products and services. We search for potential vendors according to the defined profile. Vendors matching the requirements are audited and assessed based on a wide range of factors which include their quality standards, technology, management culture, certifications, customer base, production capacity, market reputation. After evaluation, we submit a shortlist of the selected vendors to the customer.

We further support our clients in contract management.

Why is contract management important?

On successful implementation of contract management strategy, organizations can expect to see:

  • The expected business benefits and financial returns are being realized
  • The supplier is cooperative and responsive to the organization’s needs
  • The organization encounters no contract disputes or surprises
  • The delivery of services is satisfactory to both parties