Vendor management is a very intricate process that involves a lot of time and effort on the part of the client. If you’re just starting out on your retail business, if you’re thinking of branching out into new markets, or if you’re considering a major overhaul of your main goods and services, the consultants at Tritract can get you in touch with reputable vendors around the world and maintain your professional relationships.
Outsourcing your vendor management to a third party frees up more time to focus on the other responsibilities necessary to keep your business up and running. At Tritract, we find you a consultant who is able to negotiate on your behalf and set up fruitful, prosperous relationships with vendors who understand your market and your brand. We take pride in finding you the best solution for your business, whether you're looking for a vendor for long-standing orders or searching for a merchant who can offer you a one-time order of a niche product, we can help facilitate and develop your affiliation. If you already have vendors that you work with and just need a little extra help calculating pay rates, negotiating new terms or assessing overall performance, we can help facilitate that as well.
We believe in helping out our clients long-term, which is why we focus on software solutions for continuing success. Setting up automated orders and deliveries, producing daily, monthly and yearly reports outlining inventory and buying trends, along with the ability to track vendor performance and the price point of competitors helps streamline your business and ensure that your clients always have access to your products and services.
We can help you with all aspects of setting up and controlling your vendor relationships, including:
- Business goals and objectives
- Researching and sourcing vendors
- Contract terms and negotiations
- Pay rates
- Points of contact
- Pricing and quotes
- Responsibilities
- Turnaround times
- Job assignment
- Performance evaluation