Office Administration

what is vendor management in respect of office administrative work ?

vendor management means managing vendors, for exambple
if u want to hire a vendor for a particular thing,
1. first u should take quotation from at least three vendors for same thing, then select one vendor for your work (on basis fo reasonal rate, good quality of service,credit time for payment) , keep inventory of his service and make payment of his bill after inspection.
or else take 5 quotation from vendors, then select any 2 vendors (on basis fo reasonal rate, good quality of service,credit time for payment), take service or goods from each vendor so u will not be in a problem when vendor withdraws its services and same procedure of management with the each.

Vendor Management means, managing vendors (i.e. supplier or contractor who are supplying material to company or any corporate) for example, Stationery Supplier, Paper Cups supplier, Tissue Roll supplier, Food supplier, Print material supplier, Hotels, Travels etc.
Managing vendor not only in terms of appointing them, but also to get best lowest rate for company, best service, timely delivery of material, good material at best price, Co-ordination with accounts for timely payment of vendor etc.
Regards,
Jayshree

Dear Verdana,
Vendor management in Office administration means all the vendors which helps you for smooth functioning of your day to day office work. Those vendors may be govt. such as Muncipal corporations or Electricity board etc. or non govt such as Office equipment AMC vendors which helps smooth functioning of office equipments. Vendors management deals with selection of correct & low cost vendors which provides you a better service for your office equipments. Timely processing & payments to vendors is also a part of vendor management.
Vinod Malik

Dear Surabhi,
Vendor Managment in office administration refers to maintaining good rapport with all the existing vendors to get the desired products / services at price, at right time, at right place and make them to feel part of organization. Besides, develop the potential vendors who could be useful for similar services in future.
Golkonda BR