India has set a benchmark in catering to the diversified domestic manufacturing need with its talent pool of engineers empowered by technological evolution. However, the manufacturing sector is fragmented and the already established businesses or startups face difficulty in sourcing the right vendors in order to yield growth. Moreover, midsize companies need to expand their vendor base in order to grow while managing their existing supply chain. Here comes the giant task of on-boarding apt vendors having specialized in custom manufacturing from the marketplace scattered in nature. This is where Vendosmart has emerged as a comprehensive B2B platform that provides access to the most relevant & verified vendors to get started with the job instantly without having to go through a lengthy verification & sample order cycle.
Along with vendor communication management, Vendosmart provides integrated contract manufacturing services and supply chain visibility solutions. The services include offering assistance in developing products out of design and streamlining the communication between vendors and the internal teams for new product
development as well as batch manufacturing requirements. Vendosmart’s saas platform Proqsmart provides complete visibility of supply chain & vendors for larger enterprise. A Bengaluru based custom manufacturing service provider, Vendosmart helps businesses of different size and stage seamlessly transition from prototyping to mass production through managed services and tech-enabled platform.
Services Offered
With the objective to bring all the supportive channels of sourcing under one umbrella, Vendosmart enabled a discovery platform that hosts resources and caters to production needs of any kind with its well-organized digital infrastructure. It enables the users to build complex RFQs that can be shared seamlessly with 100s of vendors along with NDA encryption to secure product designs and files. As per their manufacturing specification, the customers have the liberty to interact with various vendors of divergent capabilities. Vendosmart curates detailed analytics on sourcing and manages entire supply chain to provide end-to-end visibility. Proper documentation of external and internal pipeline and invoicing assures predictable delivery, on-time payouts and live updates on orders from vendors. From design review to manufacturing and quality-checking, Vendosmart has deployed a one-stop regimen for businesses to thrive in the marketplace.
Vishal Patil, Founder & CEO of Vendosmart adds, “We already have set up a reliable vendor base. Customers work with us at different stages of manufacturing because of our expertise in the project management, manufacturing & technology driven fulfilment. At some point we learnt that the customers need a single-point contract delivery experience, with the coherent understanding of complexities of project management we took up the complete responsibility which led to manage services. Now we have also enabled and empowered businesses to use our platform to gain autonomy to manage their existing vendors and new vendors from the platform, essentially carrying out the same magic that we do and also we help them on need basis.
Looking Ahead
Vendosmart is committed to execute predictable means of delivery while conforming to bringing visibility to the supply chain of the customers. They are now planning to extend their service platform to tier-I companies. “We will be expanding our vendor base this year to around 15,000 SMEs to be registered with us who are manufacturing focused. We are working closely with tier-I business and OEMs to provide them with supply chain visibility platform. So we will be deploying our platform with tier-I companies who will be using it to bring vendor visibility for their supply chain”, says Patil.
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