iCanD VMS : End-to-End Vendor Lifecycle and Procurement Management

The VMS Module automates the entire vendor lifecycle, covering activities from researching and sourcing vendors and obtaining quotes (pricing, capabilities, quality of work), to negotiating contracts, managing relationships, assigning jobs, evaluating performance, and ensuring timely payments. This provides complete transparency and control over your supply chain and contractor relationships.

Key VMS Features

• Centralized Vendor Database Management
• Digital workflow for Request for Information (RFI)
• Automated process for Request for Quotation (RFQ) and comparative analysis
• Tracking and reporting for Bid Won / Loss outcomes
• Module for Defining Policies & Procedures for vendor onboarding
• Alerts and tracking for Contract close / renewal
• Objective Vendor Performance Survey and scorecards

Ready to Optimize Vendor Sourcing and Performance?