25% Lower Procurement Costs

Vendor Management Software

Manage your suppliers and vendors from a centralized database. Track performance ratings, certifications, on-time delivery, and payment terms. iFactory's Vendor Management module streamlines procurement operations — reducing costs by 25% and improving supplier on-time delivery to 95%.

Performance Ratings Certifications SAP Integration
Vendor Management Dashboard
All Suppliers • Performance Metrics
● Live
48Total
42Active
18Certified
95%On-Time
ES
ElectroSupply Co. Electrical Components • ISO 9001
HIGH PERF. 4.8★ Rating
MP
MechParts Inc. Mechanical Parts • Pending Cert
PENDING 3.9★ Rating
Avg Rating: 4.5★
On-Time: 95.2%

Complete Vendor Solution

4-Phase Vendor Management Workflow

From vendor onboarding to performance evaluation, streamline your entire supplier relationship management process with iFactory. Add vendors, track certifications, monitor performance, and optimize procurement.

1
Add Vendors
Onboarding

Create vendor profiles with contact info, address, business details, SAP vendor number, and certifications.

2
Track Certifications
Compliance

Monitor ISO 9001, ISO 14001, and industry certifications. Get alerts before certifications expire.

3
Monitor Performance
Metrics

Track on-time delivery rates, quality scores, and vendor ratings. Identify high performers and issues.

4
Optimize Procurement
Cost Savings

Link vendors to purchase orders, compare pricing, and negotiate better payment terms based on performance.

SAP Integration
Multi-Currency
Payment Terms
Mobile Apps

Feature Spotlight

Create Comprehensive Vendor Profiles

Add vendors to your inventory system with complete business information. Capture contact details, address, tax ID, SAP vendor number, payment terms, and certifications. Set vendor status and activate when ready for procurement.

Basic Information

Vendor name, contact person, email, phone, website.

Address Information

Full address with city, state, country, postal code.

Business Information

Tax ID, SAP vendor number, payment terms, currency.

Certifications

ISO 9001, ISO 14001, and custom certifications.

Create New Vendor New

Add a new vendor to your inventory system

Basic Information

Vendor Name *ElectroSupply Co.
Contact Person *John Smith
Email *contact@vendor.com
Phone *+1-555-0123
Websitewww.vendor.com

Business Information

Tax IDTAX123456789
SAP Vendor #SAP-VEND-001
Payment TermsNet 30

Status

Active ✓ Pending Inactive
Active Vendor

Real-Time Tracking

Vendor Performance Dashboard

Monitor all vendors in one centralized dashboard. Track total vendors, active suppliers, certified vendors, high performers, on-time delivery rates, and average ratings. Search and filter vendors instantly.

Total Vendors

Complete overview of all vendors in the system.

Active Vendors

Currently active suppliers ready for POs.

Certified Vendors

ISO and industry certified suppliers.

High Performers

Top-rated vendors with best delivery metrics.

Vendor Dashboard 8 Metrics
48 Total Vendors
42 Active
6 Inactive
18 Certified
12 High Perf.
38 On-Time
4.5 Avg Rating
95% On-Time %
Search vendors... + Add Vendor

Compliance Tracking

Certification & Compliance Management

Track vendor certifications including ISO 9001, ISO 14001, and industry-specific standards. Get automatic alerts before certifications expire. Ensure supply chain compliance with comprehensive documentation.

ISO Certifications

Track ISO 9001, ISO 14001, ISO 45001 compliance.

Expiry Alerts

Automatic notifications before cert expiry.

Document Upload

Attach certification documents for audit.

Compliance Reports

Generate certification compliance reports.

Vendor Certifications Compliance

ElectroSupply Co. - Certification Status

ISO 9001:2015 Quality Management System
VALID Exp: Dec 2026
ISO 14001:2015 Environmental Management
VALID Exp: Mar 2027
ISO 45001:2018 Occupational Health & Safety
EXPIRING Exp: Jan 2026
1 certification expiring in 30 days

Performance Analytics

Vendor Performance & Ratings

Track vendor performance with comprehensive scorecards. Monitor on-time delivery rates, quality scores, response times, and overall ratings. Identify high performers and address underperforming suppliers proactively.

On-Time Delivery

Track delivery performance by percentage.

Quality Rating

Rate vendors on product/service quality.

High Performer Badge

Auto-badge top performing vendors.

Scorecards

Generate vendor performance scorecards.

Performance Scorecard
High Performer
ES
ElectroSupply Co. Electrical Components Supplier
98% On-Time Delivery
4.8★ Quality Rating
156POs
$1.2MTotal Spend
2.1 daysAvg Lead
Active since: Jan 2020 View Full Scorecard

Industry Solutions

Vendor Management for Every Industry

Industry-specific supplier management, compliance tracking, and procurement optimization — pre-configured for manufacturing, healthcare, construction, and more.

Manufacturing

Raw materials, components, MRO suppliers

Healthcare

Medical equipment, supplies, pharmaceuticals

Construction

Building materials, equipment, subcontractors

Logistics

Carriers, freight, 3PL providers

Food & Beverage

Ingredients, packaging, FDA compliance

Oil & Gas

Equipment, services, safety compliance

Automotive

OEM parts, tier suppliers, IATF compliance

Utilities

Equipment, maintenance services, contractors

Latest Posts

Total Posts:

Proven Results

Real Impact from Vendor Management

25%Lower Procurement Costs
95%On-Time Delivery Rate
40%Faster Vendor Onboarding
100%Certification Compliance

"Vendor scorecards help us identify top performers and negotiate better terms. Procurement costs dropped 25% in the first year."

AM
AutoMfg Industries
Manufacturing

"Certification tracking ensures we only work with compliant suppliers. No more audit surprises — everything is documented in iFactory."

PH
PharmaHealth Corp
Pharmaceutical

"SAP integration syncs vendor data automatically. On-time delivery tracking helped us improve supplier performance to 95%."

GE
GlobalEnergy Ltd
Energy

FAQ

Vendor Management — Frequently Asked Questions

iFactory stores comprehensive vendor profiles including: Basic Information (vendor name, contact person, email, phone, website), Address Information (full address with city, state, country, postal code), Business Information (Tax ID, SAP vendor number, payment terms, currency, status), and Certifications (ISO 9001, ISO 14001, and custom certifications). You can also track performance metrics, attach documents, and set vendor status (Active, Pending, Inactive).

iFactory automatically tracks key performance metrics including on-time delivery rates, quality ratings, total purchase orders, total spend, and average lead times. High-performing vendors are automatically flagged with badges. You can generate vendor scorecards for performance reviews and use metrics to negotiate better payment terms or identify underperforming suppliers.

Yes! iFactory provides native SAP integration. You can store SAP Vendor Numbers for each supplier, enabling seamless data sync between iFactory and your SAP ERP system. Purchase orders, vendor master data, and payment information can be synchronized automatically. Contact our integration team for SAP connectivity setup.

Each vendor profile includes configurable payment terms (Net 15, Net 30, Net 45, Net 60, or custom terms) and preferred currency (USD, EUR, GBP, etc.). These terms are automatically applied to purchase orders created for that vendor. You can update payment terms based on vendor performance and negotiation outcomes.

Yes, iFactory provides comprehensive certification tracking. Add ISO 9001, ISO 14001, ISO 45001, or any industry-specific certifications to vendor profiles. Set expiry dates and receive automatic alerts before certifications expire. Upload certification documents for audit purposes and filter vendors by certification status for compliance reporting.

iFactory supports three vendor statuses: Active (approved vendors ready for purchase orders), Pending (vendors undergoing approval or onboarding), and Inactive (suspended or retired vendors). You can quickly filter the vendor list by status and change status at any time. The Active Vendor toggle provides quick activation/deactivation.

When creating purchase orders in iFactory, you can select vendors from your approved vendor list. The PO automatically inherits the vendor's payment terms, currency, and contact information. All POs are linked to vendor profiles, enabling spend analysis, performance tracking, and complete procurement traceability.

Yes, iFactory offers native iOS and Android apps for vendor management. View vendor details, check certification status, review performance metrics, and approve purchase orders from anywhere. The mobile app works offline with automatic sync when connectivity is restored.

Streamline Your Vendor Relationships

Manage suppliers from a centralized database. Track performance, certifications, and on-time delivery. Reduce procurement costs and ensure supply chain compliance with iFactory Vendor Management.

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