About Verma Infra Project
Procurement within VIP
Procurement within VIP deals with all activities that result in an invoice and/or payment obligation. Procurement focuses to deliver a strong procurement performance on the projects and on generating added value and higher margins. VIP's vendors are essential to the success of our business.
Procurement within VIP deals with all activities that result in an invoice and/or payment obligation. Procurement focuses to deliver a strong procurement performance on the projects and on generating added value and higher margins. VIP's vendors are essential to the success of our business.
Strategical/tactical procurement
Strategical/tactical procurement
Strategical/tactical procurement
- Define specifications
- Select vendor
- Engaging
Operational procurement
Strategical/tactical procurement
Strategical/tactical procurement
Ordering
Expediting
Follow-up and evaluation
Every year, VIP spends significant amounts on the procurement of materials and services needed to support our construction projects. The procurement model creates value, lower risks and higher margins through proactive management, collaboration and knowledge sharing. We extend our economies of scale and expertise across our project cycle by building trust and establishing long-term relationships with our suppliers.
Core topics Procurement
In addition to contributing to projects, VIP Procurement works on the following topics:
- Safety and sustainability in the supply chain
- Strengthen active involvement of category management in the projects
- Implement the supplier pyramid at regional level
- Data driven decision making
- Simplifying and optimising procurement processes and associated systems
Procurement organisation
- VIP Bhutan : The various procurement teams in the Bhutan report to the Director of Procurement Bhutan. We are centrally organised, with local presence.
- VIP Nepal : Centralisation of the various procurement teams is ongoing. The procurement teams report or will report to the Director Procurement & Supply Chain Management. Nowadays some of the teams are centralized and other teams are locally organised.
The majority of our purchasing employees work within Tender and Project Purchasing within the various VIP companies. Local presence is indispensable to be part of tender and project teams. Purchasing is part of these teams.
In addition, the local procurement teams collaborate and interact with the centrally organised teams of Category Management, Indirect Procurement and Procurement Excellence and Procurement Services. Some of the centralised teams work for both the Nepal - and Bhutan divisions.
Vendor relations
VIP’s vendors are vital to the success of our business. A large part of our turnover consists of procurement, so we want to build reliable and sustainable relationships with our vendors. Our success is closely linked to the success of our supply chain.
Vendor policy
VIP cannot pursue our vision and objectives alone. We therefore work with our vendors to guarantee, stimulate and innovate our quality, safety, sustainability, industrialisation and digitalisation. Working together in tenders is the key to winning projects.
Every year, VIP spends significant amounts on the procurement of products and services to support our civil, construction and property projects. Depending on the product groups and or services, we aim to create benefits that transcend project, region or business segment.
The vendor pyramid
By categorising vendors according to the vendor pyramid, we determine in the regions in what way we build sustainable relationships with which (limited) group of vendors.
So that we consciously work together and proactively manage our dealings with our vendors.
- Key: Vendors that enhance VIP’s distinctive capacity and vice versa, with whom VIP wants to maintain a close collaboration and shares and pursues its vision and goals.
- Preferred: Vendors that VIP builds relationships with and works with regularly on projects. These vendors are project-transcending, have project-transcending capabilities and commitment.
- Selected: Vendors selected by VIP to outsource projects to.
- Registered: Vendors in VIP's systems meeting minimum requirements.
Managing vendors also means measuring their performance. Every year, we conduct hundreds of vendor evaluations and discuss this with our key and preferred vendors. This helps to continuously improve our relationship with vendors and engage the right vendor or subcontractor in our projects. Persistent above- or below-level presentation by a vendor, or whether or not it moves with our vision and objectives, can lead to a different place in the vendor pyramid
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