OUR SERVICES

TURNKEY VENDOR MANAGEMENT SOLUTIONS AT EVERY STAGE OF THE SUPPLY CHAIN

Whether you want us to assist with a complete overhaul of your business's existing vendors or provide support to your vendor management team, we can tailor our services to your needs at Vantage Management Solutions.

With our help, you can build win-win relationships with your vendors, resulting in mutually beneficial gains for your business and partners. Our vendor assessments can help you eliminate 'dead wood' and replace suboptimal vendors with suppliers who will hold up their end of the SLA and provide customers with a more reliable service.

We can also show you how to carry out these assessments yourself and install technological solutions to support ongoing vendor management in the future. Or, if you want help with day-to-day procurement processing, our vendor management specialists can carry out simple daily tasks for your team to streamline your business operations and ensure that all of your activities are carried out to the highest standards.

Read more about our vendor management and consultancy services below to find out how we can help your business to improve vendor relationships and reduce costs.

Vendor Performance Management Services

Our vendor performance management services help our clients manage existing vendors' performance and evaluate which vendors are fulfilling their obligations adequately. We emphasise the regular and thorough evaluation of vendors to effectively identify which vendors are conforming to SLAs, which vendors are breaching them, and which vendors outperform their competition. This enables our clients to:

  • Make more data-driven decisions
  • Adjust internal/external expectations
  • Bolster performance
  • Rationalise costs efficiently

Suppose you're relatively happy with your existing suppliers, but you feel that they're not always meeting their obligations. In that case, this service could help your logistics team understand which vendors offer quality and reliability and which need improvement. Carrying out a proper vendor performance assessment before making big decisions like ending a contract can help you to ensure that you're making moves that are both justified and in the best interests of your business. Even if you don't want to end a contract, our vendor performance management services can give you the data needed to renegotiate terms with vendors and position yourself more favourably in the market.

VMS Consulting

Vantage Management Solutions consulting services are perfect for businesses looking to optimise their existing vendor management processes and activities by adopting new tools and technologies. Our consulting services are all about guiding firms towards the adoption and acquisition of high-performing technological foundations that streamline vendor management.

We can identify your business's current capabilities, expectations, needs and requirements in order to align business performance with expectations. Whether you want to bolster profits or reduce the resources you allocate to vendor management on a daily or weekly basis, our team can implement simple and effective changes to help you reach your goals.

Our consultants can work closely with you to develop a tailored roadmap to bring your vendor management processes into the 21st century. This is how we do it;

  • We recommend technologies that integrate with your existing systems and consider your logistics staff's preferences and capabilities.
  • We train your staff members, showing them how to use new tools and technologies to get the best out of them and how to work smarter, not harder.
  • We share our expertise so your vendor management team will be empowered to make data-driven decisions.
  • We ensure ongoing support and service to ensure your vendor management system is up to date and running smoothly.

VM systems

At Vantage Management Solutions, we equip businesses with modern systems and solutions to meet all of their vendor management needs. Our streamlined vendor management systems centralise invoicing, scheduling, and communication to reduce the amount of manual footwork your vendor management team spend time on daily and provide a single one-stop dashboard to manage vendors, invoices and payments.

Our contemporary vendor management systems serve as a core hub for all vendor management services and help to:

  • Reduce delays
  • Minimise disruptions
  • Increase collaboration between vendor management team members
  • Automate processes to streamline vendor management tasks
  • Improve visibility into vendor performance
  • Enhance data security and privacy compliance

Our VM systems can be implemented in businesses of any size and scale to streamline vendor management activities across the logistics department. Combining our extensive knowledge of vendor management with the latest developments in vendor management technology, our systems are ideal for businesses looking to save time and money on vendor management. Many of our clients choose to upgrade to our VM systems independently, while others upgrade in conjunction with our other services as part of a broader departmental overhaul.

Procurement Processing

Suppose you are looking for vendor management specialists to take care of procurement for you and reduce your staff's time on manual procurement activities. In that case, our expert consultants at Vantage Management Solutions offer tailored procurement processing services to our clients.

Our all-encompassing procurement processing services help businesses to streamline:

  • Service and product deliveries
  • Payments
  • Contracts
  • Inventory management
  • Quality assurance

We can help conduct supplier evaluations, establish quality control processes, negotiate prices, manage inventory, and more to alleviate the burden of procurement for our clients. Our goal is to provide high-quality outsourced procurement processing to relieve your staff of these time-consuming tasks and free up your business's resources for other projects.

As with all of our services, you can tailor your procurement processing service to your business's needs. If there are particular tasks that your staff lack the skills or knowledge to complete, or if you want your vendor contracts to be negotiated by experts in negotiation and pricing, you can ask us to take on as much or as little as your team needs. Some clients temporarily use our procurement processing services to bridge a gap during a vendor management restructure. Others, however, rely on our services permanently due to our superior skills and experience in carrying out such tasks.

Hi-tech solutions for forward-thinking businesses

If you want to future-proof your business, it's essential to implement relevant technologies in almost all aspects of your operations, including vendor management. We focus heavily on technological solutions that enable our clients to manage their relationships with vendors effectively independent of us.

With our help, our clients can benefit from the latest in vendor management technology while developing the talents and skills of logistics professionals in-house to create sustainable, efficient workflows that reduce spending and maximise profits.

Learn more about our range of vendor management services and how they could help your business meet its organisational objectives. Our friendly, professional advisors are always happy to discuss our work with new and existing clients.

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