Vendor Management


Communication with vendors and suppliers is as important as the communication with customers. Establishment of the proper communication channels and information flows between companies and their suppliers can lead to increased efficiencies and reduced costs. The time, money and energy that have been used in nurturing a positive vendor relationship cannot be measured or analyzed directly against the companys bottom line.


Regardless of size of your organization and numbers of vendors you can have, Corporate Munim helps you in managing your vendors. It covers :

  •  Prospects scrutinizing and vendor selection
  •  Maintaining vendor database 
  •  Looking after legal aspects and compliances 
  •  Maintaining flexibility along with performance monitoring
  •  Handling cost, negotiation or incentives related matters  
  •  Enhancing communication channel 
  •  Controlling key services and critical functions

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