Answer / bhavani shankar das

Vendor Developement is the resource wise developement of
existing vendor as per the requirement of the customer.
Suppose the vendor does not have proper resource for
executing the customers requirement, then the customer
insist the vendor about some newly developed technology.
That is Vendor developement.

But collecting information about suppliers for getting
good material at right time is called as vendor sourcing.

Answer / p k dash

VENDOR dev.means get the information of wide range of
suppliers for a particular item in order to get right item
in right price from right party.

Answer / prafulla ranjan

Collecting information about the vendors involved in
manufacturing/supplying a particular items so that best
buys can be effected to minimise the cost of products
without compromising quality.

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