VMS vs CONCOR e

VMS is a comprehensive tool used to manage the vendor engagement lifecycle activities associated within any organisation. Following are the key aspects covered by VMS # Vendor Registration # Vendor Selection Bid Cycles - create bid - include bid phases [RFI / RFQ / RFI -> RFQ] - add specific vendors to participate in each phase - system send invitations to these selected vendors with URLs to upload requested information / quoted - vendors can upload documents using the links received via email - verify the documents and demark certai vendors only for participating next round. - system send invitations for round 2 [RFQ] - system generates auto reminders for vendors reminding about the due dates for submitting their responses - able to upload templates for bid documentes, bid qualification checklist - conclude the bid cycle by filling the bid qualification checklist - auto generation of PO document based on template which can be given to vendors, after signing. # Vendor Invoice Payout Management - track the payments to be given to clients - auto remidners from system to remind the pending payments - mark the payments made, with required payment transaction details - prevents the user from wrongly overpaying the vendor # Digital File Library - consolidated view of all files gathered during the above vendor management operational lifecycle - allows the stakeholders to quickly access the files like a Windows Explorer - arranged based on the BID names, Contract / Purchase Orders - allowing users to download the documents from the digital file library

Using this app, empaneled transporters of CONCOR can participate in the First Mile Last Mile transportation(FMLM) services for our Customer/Stakeholders with the end to end visibility of cargo.