Abstract: Disclosed is a merchandise management system and a method. The merchandise management system and a method comprise obtaining a merchandise request data from a user. In one example, the merchandise request data may comprise at least a list of required products, a weightage matrix and data associated with one or more product from the list of required products. Further to obtaining, the merchandise management system and a method comprise receiving a plurality of submissions associated with the one or more products from a plurality of vendors based on the merchandise request data and computing a score for each of the submission based on a merchandise scoring methodology.