Procurement · Odoo glossary

Vendor Management

Vendor management maintains supplier information and evaluates supplier offers and performance.

Definition

In general ERP practice

Vendor management maintains supplier information and evaluates supplier offers and performance. It includes commercial conditions and purchasing evidence, rather than just a supplier address book.

In Odoo

Odoo vendor contacts and product vendor pricelists hold supplier details, prices and lead times. Alternative RFQs support offer comparisons; a broader supplier qualification or risk-scoring process may need additional fields and approvals.

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