Vendor Management

In a rapidly evolving economic environment, large and small IT enterprises come to rely heavily on contract workforce and other resource procurement and management suppliers.

An effective vendor management process helps you leverage the right mix of suppliers to meet the needs regarding to skill sets and work environment. A centralized vendor management system helps IT firms to reduce administrative involvement and allot more time to focus on new technology innovation and development.

Novo is a leader in proving customized vendor management solutions that support and guide our clients in evaluating current relationships, improve existing vendor management process and define strategies for re-engineering the procurement process.

Our vendor management services include:

  • Supplier management
  • Contract and supplier renegotiation guidance
  • Contract management
  • Contract realignment and re-tendering

Novo’s skilled and experienced team designs effective vendor management solutions to help our clients leverage enterprise procurement and minimize their procurement expenses.

Central to our vendor procurement services is our commitment to provide and assist clients to address client needs for improved quality of services and reduced costs.

Instead of multiple points-of- contact for all of the vendors you will have Novo as a single point-of-contact accountable for all vendor functions. Our team members will manage your existing vendors, negotiate contracts and rates and send you one single invoice as opposed to multiple invoices.

Novo Vendor Management Benefits:

  • Reduce time by not dealing with multiple account managers
  • Cut third party contracts ownership costs
  • Uninterrupted supply of products
  • Improve supplier performance and efficiency
  • Expert management of environment and safety
  • Make well informed and better procurement decisions
  • Monitor to ensure realization of objectives