SourceTAMEDASH

Vendor Management

Enhancing intelligent vendor management parameters

The vendor management is the prior reason for dependency in the operation as they are the backbone of the operation for delivery of the consignment on time. This feature cuts down the time and effort on redundant tasks of calling and dropping emails and messages to the concerned vendors whether for rate procurement or inquiry for allocating of vehicles against the orders. Fero’s vendor management module enables sufficient vendor management from onboarding, registration in the system database, and capturing all related information, to effortless bidding.

Fero

Vendors

Transport providers · registered and verified

BID000073 Jebel Ali → Riyadh3 × 40ft flatbed · 2 JunDraft
VendorRatingCreditBid · AEDScore
TP-0317Dubai · 38 trucks 4.745 days——
TP-0204Sharjah · 22 trucks 4.430 days——
TP-0117Abu Dhabi · 51 trucks 4.660 days——
TP-0411Jebel Ali · 14 trucks 3.930 days——
TP-0529Riyadh · 27 trucks 4.245 days Licence renewal due—
TP-0602Mussafah · 9 trucks 4.030 days No KSA permit—
TP-0233KEZAD · 19 trucks 4.545 days No flatbeds free 2 Jun—

Key features

What Vendor Management gives your team.

  • TP-0317

    Transport provider · since 2021

    Al Quoz, Dubai

    +971 4 ••• 2210

    • Fleet38 trucks
    • TypesFlatbed · Low bed
    • LanesUAE · KSA · Oman
    • ContactOps desk

    Company details

    Each vendor's company, contacts and fleet are captured once, at onboarding.

  • 45 days

    from invoice date

    INV 12 MayDue 26 Jun

    Credit period

    Agreed payment terms sit on the vendor record.

  • PO000412Issued
    PO000398Completed
    PO000385Completed

    PO’s

    Purchase orders raised to the vendor, and where each one stands.

  • Jebel Ali → RiyadhAED 5,900
    KEZAD → SoharAED 4,100
    DIC → MussafahAED 1,250

    40ft flatbed · per trip

    Contract rates

    Agreed rates per lane and truck type, on hand when you allocate.

    • TRN1003 •••• 003
    • VAT5%
    • StatusRegistered

    Tax details

    Tax registration is stored with the vendor for every invoice.

  • Trade licence TL-774120Valid to Mar 2027
    Transport permit TP-KSA-0917Renew by 3 Jun

    Company license details

    Licences and their expiry dates are recorded, so renewals are not missed.

  • Primary account Verified

    AE•• •••• •••• •••• 8821

    AED · Dubai · added 14 Feb

    Bank details

    The vendor's bank account is kept on file for payments.

  • PAY-2291Paid

    AED 17,550

    PAY-2304Due 26 Jun

    AED 11,800

    Payment details

    See what has been paid and what is coming due.

  • TRIP000214Received
    TRIP000211Received
    TRIP000209Awaited

    POD’s (Proof of Delivery)

    Proofs of delivery are collected against each trip.

  • TP-03174.75,850
    TP-02044.45,700
    TP-04113.95,650

    Vendors bidding

    Send a lane out for bids and compare what comes back.

  • BID000073 · Jebel Ali → Riyadh

    3 × 40ft flatbed · loading 2 Jun · send your rate

    5,850 per truck, 3 available10:42
    Awarded. PO000412 attached.
    • Bid saved to BID000073
    • PO000412 linked to TP-0317
    • Conversation kept on vendor record

    WhatsApp communication

    Rate requests and allocation enquiries go out on WhatsApp instead of calls and emails, and the replies are kept with the vendor.

Key benefits

Why teams switch it on.

  • Lesser lead time

    Bids go out and come back in one round instead of a chain of calls.

  • Faster method of procurement & inquiry

    Rate requests and vehicle enquiries reach every eligible vendor at once.

  • Real-time data and visibility

    Bids, POs, PODs and payments are on the vendor record as they happen.

  • Transparency within stakeholders

    Everyone works from the same vendor details and bid history.

  • Transporters/Vendors rating

    Each vendor carries a rating built from their past work.

  • Performance rating - based on a set of parameters

    Rate, on-time record and disputes feed into one score.

  • Vendor selection

    The best-scoring bid is clear, not just the cheapest.

Also in source

Procure carriers on rate and performance rather than habit, and run the whole vendor and marketplace relationship in one place.

Bring us one lane. We will show you the difference on your own numbers.

A week of your orders, rates or invoices, run through Fero with your contracts and your carriers.