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.
Vendors
Transport providers · registered and verified
| Vendor | Rating | Credit | Bid · AED | Score |
|---|---|---|---|---|
| TP-0317Dubai · 38 trucks | 4.7 | 45 days | — | — |
| TP-0204Sharjah · 22 trucks | 4.4 | 30 days | — | — |
| TP-0117Abu Dhabi · 51 trucks | 4.6 | 60 days | — | — |
| TP-0411Jebel Ali · 14 trucks | 3.9 | 30 days | — | — |
| TP-0529Riyadh · 27 trucks | 4.2 | 45 days | Licence renewal due | — |
| TP-0602Mussafah · 9 trucks | 4.0 | 30 days | No KSA permit | — |
| TP-0233KEZAD · 19 trucks | 4.5 | 45 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.
- PO000412IssuedPO000398CompletedPO000385Completed
PO’s
Purchase orders raised to the vendor, and where each one stands.
- Jebel Ali → RiyadhAED 5,900KEZAD → SoharAED 4,100DIC → 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 2027Transport 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 JunAED 11,800
Payment details
See what has been paid and what is coming due.
- TRIP000214ReceivedTRIP000211ReceivedTRIP000209Awaited
POD’s (Proof of Delivery)
Proofs of delivery are collected against each trip.
- TP-03174.75,850TP-02044.45,700TP-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 available10:42Awarded. 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.