Incorporate effective Vendor management and collaborate better with Wrench enterprise in the Power Sector

Project Monitoring

To meet the heavy demand for power the Power sector has to deliver at the earliest. Wrench Enterprise has been designed to suit this climate of urgency and incorporates all the elements of project control and monitoring. The percentage of progress and schedule adherence can be stringently monitored using Wrench Enterprise. Detailed Reports that are critical for management decision can be configured and may be extracted from the system. Wrench Enterprise speeds up the projects, ensures quality and enforces industry best practices of the power sector.

Vendor management

Another critical concern in this industry is to efficiently manage the outsourced deliverables assigned to vendors. In order to address this requirement the Wrench team has worked closely with the industry scenario and has come up with a tailor made solution for the same. Wrench Enterprise is able to handle the entire management of vendors right from the initial evaluation stage. Monitoring the schedules of each deliverable from vendors can be achieved through Wrench Enterprise. All to and from communication and document transfer is made through the system. Approval and rejection of documents, schedule changes and specification alterations are communicated through the system. Reports can be generated regarding pending submissions, delayed submissions, approved and rejected submissions. The entire vendor history is system documented and can be retrieved later on.

Collaboration

This industry requires constant collaboration between the client, vendors and between different branch offices scattered all over the globe. Wrench Enterprise ensures that all users working from remote locations use a single integrated system and the latest document versions are available throughout the system.

Monitoring and Optimizing Manpower

Monitoring and optimizing manpower is a requisite in the industry. In Wrench Enterprise there is an automated monitoring system to manage manpower and generate weekly reports regarding the same.

Quality Control

Industry best practices can be system enforced. The processes can be automated as workflows and the required checklists may be attached to each stage in the workflow.