While catering into the global market, vendor
capability and reliability are always the two critical criteria
to look upon. The success of this critically important function
of Purchasing depends on a good, reliable and capable vendor.
An improper or incomplete vendor assessment may put the company
into financial or legal turmoil. The vulnerability increases
when you are dealing with a vendor located outside your geographical
limits/distant countries.
Businesses
normally do typical first-time verification on the basis of
the documents submitted by the vendor, e.g. Company Profile,
Product/Price Lists or catalogs etc. Chances are that half of
such vendors are phony. Businesses do loose something in this
entire game, either money or time, both equals LOSS!!!
ProcessLOGIX
has come forward to protect you from such losses:
"V-CARETM"
( "Vendor Capability Analysis & Reliability Estimation")
So
when you need to test capability and reliability of the vendor
before you place an order on him or pay him. You need to register
yourself with ProcessLOGIX for its V-CARETM service.
The
two state-of-art services of V-CARETM are...