Sonalika Tractors Vendor Development Engineer Interview Questions and Answers

Vendor Development (VD) stages involve identifying potential vendors, evaluating their capabilities, negotiating contracts, and monitoring performance. Development parameters include quality, cost, delivery, and innovation.

• Identifying potential vendors through market research and referrals

• Evaluating vendor capabilities in terms of production capacity, quality standards, and financial stability

• Negotiating contracts to e...read more

Vendor Development (VD) stages involve identifying potential vendors, assessing their capabilities, negotiating contracts, and monitoring performance.

• Identifying potential vendors through market research and referrals

• Assessing vendor capabilities in terms of quality, cost, delivery, and technology

• Negotiating contracts to establish terms and conditions that benefit both parties

• Monitoring vendor performance to ensure com