• In construction projects, vendors play a vital role by supplying materials, tools, equipment, and services.
• Efficient vendor management ensures timely procurement, accurate tracking of payments, and seamless coordination between stakeholders. 

Why Vendor Management?

In construction, companies depend on a wide range of vendors for materials, equipment, and services. Proper vendor management helps:

• Ensure reliable supply chains.
• Maintain accurate vendor records and compliance details.
• Track payments, invoices, contracts, and deliveries.
• Improve procurement efficiency and cost control.

Module Structure

The Vendor Management module is divided into the following sections:

• Vendor – Register and manage vendor profiles.
• License – Record licenses associated with vendors.
• Item – Track materials and services supplied.
• Assets – Manage assets provided by vendors.
• Contact – Maintain vendor contact details.
• Contract – Handle contracts between vendors and the organization.
• Purchase Order – Manage orders placed with vendors.
• Invoice – Track invoices issued by or against vendors.
• Payment – Monitor payment history and status.
• Item Received – Record items received from vendors.