A well-established and functional vendor management system is an important part of technology portfolio management, leading to better planning of technology roadmaps for better governance of the enterprise technology portfolio. A vendor is a supplier of software purchased by the enterprise. The vendor can supply multiple technological components that are used in the company. For example, the vendor Oracle may provide the components Oracle Database 11g R2, Oracle WebLogic Server 12C, and Java Database Connectivity (JDBC) 7.

You can manually capture vendors or via the import of components from the IT-Pedia® repository. Components can be imported based on IT products from ITPedia®. When components are imported, their vendors will also be automatically imported to Alfabet FastLane. The vendor that supplies the component will be specified based on the Manufacturer of the imported product. If the vendor already exists in the repository, the vendor will be automatically associated with the component. If the vendor does not yet exist in the repository, it will be automatically added to the repository along with the new component based on the Manufacturer