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Our Vendors are valued partners in our business development and we work with them in a spirit of mutual co-operation to meet our business objectives.
Vendor Development and Strategic Sourcing is a part of Corporate Supply Chain Management (SCM) Department. SCM identifies the vendors, rates the vendors based on feedback received from Vendor Development Cell, sends Request for Proposal, drawings / specifications, calls for quotes with detailed break-up of operation-wise costs, and negotiates the price at which the products will be supplied.
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| Vendor Development of Strategic Sources |
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Indus' policy is to develop a vendor base committed to continuous improvement to meet quality, cost and delivery standards.
Indus considers its vendors as partners in progress and believes in establishing mutually beneficial long term relationships. Indus provides necessary assistance in all areas of operation to maintain competitive cost & quality levels.
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| Becoming a Vendor to Indus Towers is easy, involving just five steps |
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The first step involves filling the Questionnaire which provides the basic inputs required for preliminary study. It’s a three- stage approval process wherein approval to next level is on the basis of evaluation process done by the Vendor Development and Strategic Sourcing Team.
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If Indus Towers needs the product you would like to supply, Vendor Development Cell (VDC) will contact you for an on-site assessment. Otherwise, the Vendor information would be stored for future reference.
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If the assessment meets the criteria, Indus will send the Request for Proposal, drawings and specifications to you for obtaining a quotation. If case of any gaps in the assessment meeting our requirements, you would be given adequate feedback and a resurvey would be undertaken.
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If Indus' expectations are met in terms of price, quality and delivery, then we would place a trial order. Indus will carry out inspection of trial lot before dispatch. Based on the outcome of the trial order, Indus will place you in the Approved Vendor List and Rate Contract proceedings would be initiated.
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Monthly allocations shall be given depending upon demand forecast, ongoing performance and price considering Total Cost of Ownership (TCO). |