Creating Vendor Type

Vendor type classification allows you to organize and manage vendors effectively within an ERP system. Businesses can streamline procurement processes, enhance communication, and optimize supply chain operations by categorizing vendors based on specific criteria.

Creating a vendor type involves providing the name and description of the vendor type.

To create a vendor type, go to Menu > Admin > Vendor > Vendor Type

In the Vendor type module, enter the following details.

• Name: Give your vendor type a unique and descriptive name that easily identifies it.

• Description: Provide a brief description of the vendor type. This helps understand the purpose or the kind of vendors that fall under this category.

Once you have entered all the necessary information, click on the "Save" button to create your new vendor type.