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.
Official Odoo documentation
The Odoo-specific explanation above is based on the documentation for Odoo 19. Features and workflows can differ in other versions.
Related glossary terms
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