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  1. #1
    Registered User
    Join Date
    Feb 2014
    Location
    delhi
    Posts
    531

    What exactly is vendor management and how does it work? Need some ideas and tips

    Hey friends,
    I am trying to learn MAGENTO 2 to develop Online E-commerce platform for my company. Everything is going well, and in line with what I planned. However, I have a few doubts about the working of an e-commerce setup, which I wanted to ask you.

    The most important thing that I needed to understand is What exactly is vendor management and how does it work with Magento 2?

  2. #2
    Registered User
    Join Date
    Apr 2014
    Location
    india
    Posts
    384
    Vendor management is managing and procure staffing services for your parties and events. Vendor management is simply about finding the supplier with the cheapest price for a product or service, it’s about more than that.

  3. #3
    Registered User
    Join Date
    Oct 2016
    Posts
    163
    Vendor development can be defined as any activity that a buying firm undertakes to improve a supplier's performance and capabilities to meet the buying firms supply needs. Reach customers, grow sales, balance your books and work in collaboration from any device.

  4. #4

  5. #5
    Senior Member
    Join Date
    Jul 2018
    Location
    Chennai
    Posts
    142
    You can resell the product to the retailer in the internal inventory platform.

  6. #6
    Member
    Join Date
    Aug 2018
    Posts
    89
    Vendor management is more than getting suppliers to give you a better contract working with your vendors to come to agreements that will mutually information at the right time to allow a vendor to serve your needs better.

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