diff --git a/README.md b/README.md
index 6be6b1c697..566e226538 100644
--- a/README.md
+++ b/README.md
@@ -65,7 +65,8 @@ git clone --recurse-submodules git@github.com:Pypeclub/OpenPype.git
 #### To build OpenPype:
 
 1) Run `.\tools\create_env.ps1` to create virtual environment in `.\venv`
-2) Run `.\tools\build.ps1` to build OpenPype executables in `.\build\`
+2) Run `.\tools\fetch_thirdparty_libs.ps1` to download third-party dependencies like ffmpeg and oiio. Those will be included in build.
+3) Run `.\tools\build.ps1` to build OpenPype executables in `.\build\`
 
 To create distributable OpenPype versions, run `./tools/create_zip.ps1` - that will
 create zip file with name `openpype-vx.x.x.zip` parsed from current OpenPype repository and
@@ -120,8 +121,8 @@ pyenv local 3.7.9
 #### To build OpenPype:
 
 1) Run `.\tools\create_env.sh` to create virtual environment in `.\venv`
-2) Run `.\tools\build.sh` to build OpenPype executables in `.\build\`
-
+2) Run `.\tools\fetch_thirdparty_libs.sh` to download third-party dependencies like ffmpeg and oiio. Those will be included in build.
+3) Run `.\tools\build.sh` to build OpenPype executables in `.\build\`
 
 ### Linux
 
diff --git a/openpype/lib/__init__.py b/openpype/lib/__init__.py
index 146c0d39d7..f46c81bf7a 100644
--- a/openpype/lib/__init__.py
+++ b/openpype/lib/__init__.py
@@ -43,6 +43,13 @@ from .anatomy import (
 
 from .config import get_datetime_data
 
+from .vendor_bin_utils import (
+    get_vendor_bin_path,
+    get_oiio_tools_path,
+    get_ffmpeg_tool_path,
+    ffprobe_streams
+)
+
 from .python_module_tools import (
     modules_from_path,
     recursive_bases_from_class,
@@ -120,11 +127,6 @@ from .path_tools import (
     get_last_version_from_path
 )
 
-from .ffmpeg_utils import (
-    get_ffmpeg_tool_path,
-    ffprobe_streams
-)
-
 from .editorial import (
     is_overlapping_otio_ranges,
     otio_range_to_frame_range,
@@ -147,6 +149,11 @@ __all__ = [
     "get_paths_from_environ",
     "get_global_environments",
 
+    "get_vendor_bin_path",
+    "get_oiio_tools_path",
+    "get_ffmpeg_tool_path",
+    "ffprobe_streams",
+
     "modules_from_path",
     "recursive_bases_from_class",
     "classes_from_module",
@@ -203,9 +210,6 @@ __all__ = [
     "get_version_from_path",
     "get_last_version_from_path",
 
-    "ffprobe_streams",
-    "get_ffmpeg_tool_path",
-
     "terminal",
 
     "merge_dict",
diff --git a/openpype/lib/plugin_tools.py b/openpype/lib/plugin_tools.py
index 5c52088493..9a2d30d1a7 100644
--- a/openpype/lib/plugin_tools.py
+++ b/openpype/lib/plugin_tools.py
@@ -9,6 +9,7 @@ import tempfile
 
 from .execute import run_subprocess
 from .profiles_filtering import filter_profiles
+from .vendor_bin_utils import get_oiio_tools_path
 
 from openpype.settings import get_project_settings
 
@@ -235,7 +236,7 @@ def oiio_supported():
         Returns:
             (bool)
     """
-    oiio_path = os.getenv("OPENPYPE_OIIO_PATH", "")
+    oiio_path = get_oiio_tools_path()
     if not oiio_path or not os.path.exists(oiio_path):
         log.debug("OIIOTool is not configured or not present at {}".
                   format(oiio_path))
@@ -269,7 +270,7 @@ def decompress(target_dir, file_url,
         (int(input_frame_end) > int(input_frame_start))
 
     oiio_cmd = []
-    oiio_cmd.append(os.getenv("OPENPYPE_OIIO_PATH"))
+    oiio_cmd.append(get_oiio_tools_path())
 
     oiio_cmd.append("--compression none")
 
@@ -328,7 +329,7 @@ def should_decompress(file_url):
     """
     if oiio_supported():
         output = run_subprocess([
-            os.getenv("OPENPYPE_OIIO_PATH"),
+            get_oiio_tools_path(),
             "--info", "-v", file_url])
         return "compression: \"dwaa\"" in output or \
             "compression: \"dwab\"" in output
diff --git a/openpype/lib/ffmpeg_utils.py b/openpype/lib/vendor_bin_utils.py
similarity index 50%
rename from openpype/lib/ffmpeg_utils.py
rename to openpype/lib/vendor_bin_utils.py
index ba9f24c5d7..3b923cb608 100644
--- a/openpype/lib/ffmpeg_utils.py
+++ b/openpype/lib/vendor_bin_utils.py
@@ -1,33 +1,60 @@
 import os
 import logging
 import json
+import platform
 import subprocess
 
-from . import get_paths_from_environ
-
 log = logging.getLogger("FFmpeg utils")
 
 
-def get_ffmpeg_tool_path(tool="ffmpeg"):
-    """Find path to ffmpeg tool in FFMPEG_PATH paths.
+def get_vendor_bin_path(bin_app):
+    """Path to OpenPype vendorized binaries.
 
-    Function looks for tool in paths set in FFMPEG_PATH environment. If tool
-    exists then returns it's full path.
+    Vendorized executables are expected in specific hierarchy inside build or
+    in code source.
+
+    "{OPENPYPE_ROOT}/vendor/bin/{name of vendorized app}/{platform}"
 
     Args:
-        tool (string): tool name
+        bin_app (str): Name of vendorized application.
 
     Returns:
-        (str): tool name itself when tool path was not found. (FFmpeg path
-        may be set in PATH environment variable)
+        str: Path to vendorized binaries folder.
     """
-    dir_paths = get_paths_from_environ("FFMPEG_PATH")
-    for dir_path in dir_paths:
-        for file_name in os.listdir(dir_path):
-            base, _ext = os.path.splitext(file_name)
-            if base.lower() == tool.lower():
-                return os.path.join(dir_path, tool)
-    return tool
+    return os.path.join(
+        os.environ["OPENPYPE_ROOT"],
+        "vendor",
+        "bin",
+        bin_app,
+        platform.system().lower()
+    )
+
+
+def get_oiio_tools_path(tool="oiiotool"):
+    """Path to vendorized OpenImageIO tool executables.
+
+    Args:
+        tool (string): Tool name (oiiotool, maketx, ...).
+            Default is "oiiotool".
+    """
+    oiio_dir = get_vendor_bin_path("oiio")
+    return os.path.join(oiio_dir, tool)
+
+
+def get_ffmpeg_tool_path(tool="ffmpeg"):
+    """Path to vendorized FFmpeg executable.
+
+    Args:
+        tool (string): Tool name (ffmpeg, ffprobe, ...).
+            Default is "ffmpeg".
+
+    Returns:
+        str: Full path to ffmpeg executable.
+    """
+    ffmpeg_dir = get_vendor_bin_path("ffmpeg")
+    if platform.system().lower() == "windows":
+        ffmpeg_dir = os.path.join(ffmpeg_dir, "bin")
+    return os.path.join(ffmpeg_dir, tool)
 
 
 def ffprobe_streams(path_to_file, logger=None):
diff --git a/openpype/plugins/publish/extract_scanline_exr.py b/openpype/plugins/publish/extract_scanline_exr.py
index 404aa65ac2..a7f7de5188 100644
--- a/openpype/plugins/publish/extract_scanline_exr.py
+++ b/openpype/plugins/publish/extract_scanline_exr.py
@@ -45,7 +45,7 @@ class ExtractScanlineExr(pyblish.api.InstancePlugin):
 
             stagingdir = os.path.normpath(repre.get("stagingDir"))
 
-            oiio_tool_path = os.getenv("OPENPYPE_OIIO_PATH", "")
+            oiio_tool_path = openpype.lib.get_oiio_tools_path()
             if not os.path.exists(oiio_tool_path):
                 self.log.error(
                     "OIIO tool not found in {}".format(oiio_tool_path))
diff --git a/openpype/settings/defaults/system_settings/general.json b/openpype/settings/defaults/system_settings/general.json
index aacbf99391..2568e8b6a8 100644
--- a/openpype/settings/defaults/system_settings/general.json
+++ b/openpype/settings/defaults/system_settings/general.json
@@ -2,15 +2,9 @@
     "studio_name": "Studio name",
     "studio_code": "stu",
     "environment": {
-        "FFMPEG_PATH": {
-            "windows": "{OPENPYPE_REPOS_ROOT}/vendor/bin/ffmpeg_exec/windows/bin",
-            "darwin": "{OPENPYPE_REPOS_ROOT}/vendor/bin/ffmpeg_exec/darwin/bin",
-            "linux": ":{OPENPYPE_REPOS_ROOT}/vendor/bin/ffmpeg_exec/linux"
-        },
         "OPENPYPE_OCIO_CONFIG": "{STUDIO_SOFT}/OpenColorIO-Configs",
         "__environment_keys__": {
             "global": [
-                "FFMPEG_PATH",
                 "OPENPYPE_OCIO_CONFIG"
             ]
         }
diff --git a/poetry.lock b/poetry.lock
index 767aeee500..ea6eb54667 100644
--- a/poetry.lock
+++ b/poetry.lock
@@ -80,7 +80,7 @@ python-dateutil = ">=2.7.0"
 
 [[package]]
 name = "astroid"
-version = "2.5.2"
+version = "2.5.3"
 description = "An abstract syntax tree for Python with inference support."
 category = "dev"
 optional = false
@@ -304,6 +304,18 @@ category = "dev"
 optional = false
 python-versions = ">=2.7, !=3.0.*, !=3.1.*, !=3.2.*, !=3.3.*, !=3.4.*"
 
+[[package]]
+name = "enlighten"
+version = "1.9.0"
+description = "Enlighten Progress Bar"
+category = "main"
+optional = false
+python-versions = "*"
+
+[package.dependencies]
+blessed = ">=1.17.7"
+prefixed = ">=0.3.2"
+
 [[package]]
 name = "evdev"
 version = "1.4.0"
@@ -392,7 +404,7 @@ uritemplate = ">=3.0.0,<4dev"
 
 [[package]]
 name = "google-auth"
-version = "1.28.0"
+version = "1.28.1"
 description = "Google Authentication Library"
 category = "main"
 optional = false
@@ -540,7 +552,7 @@ i18n = ["Babel (>=0.8)"]
 
 [[package]]
 name = "jinxed"
-version = "1.0.1"
+version = "1.1.0"
 description = "Jinxed Terminal Library"
 category = "main"
 optional = false
@@ -704,9 +716,17 @@ importlib-metadata = {version = ">=0.12", markers = "python_version < \"3.8\""}
 [package.extras]
 dev = ["pre-commit", "tox"]
 
+[[package]]
+name = "prefixed"
+version = "0.3.2"
+description = "Prefixed alternative numeric library"
+category = "main"
+optional = false
+python-versions = "*"
+
 [[package]]
 name = "protobuf"
-version = "3.15.7"
+version = "3.15.8"
 description = "Protocol Buffers"
 category = "main"
 optional = false
@@ -1277,22 +1297,9 @@ category = "dev"
 optional = false
 python-versions = ">=2.6, !=3.0.*, !=3.1.*, !=3.2.*"
 
-[[package]]
-name = "tqdm"
-version = "4.60.0"
-description = "Fast, Extensible Progress Meter"
-category = "dev"
-optional = false
-python-versions = "!=3.0.*,!=3.1.*,!=3.2.*,!=3.3.*,>=2.7"
-
-[package.extras]
-dev = ["py-make (>=0.1.0)", "twine", "wheel"]
-notebook = ["ipywidgets (>=6)"]
-telegram = ["requests"]
-
 [[package]]
 name = "typed-ast"
-version = "1.4.2"
+version = "1.4.3"
 description = "a fork of Python 2 and 3 ast modules with type comment support"
 category = "dev"
 optional = false
@@ -1399,7 +1406,7 @@ testing = ["pytest (>=4.6)", "pytest-checkdocs (>=1.2.3)", "pytest-flake8", "pyt
 [metadata]
 lock-version = "1.1"
 python-versions = "3.7.*"
-content-hash = "a8c9915ce3096b74b9328a632911a759780844d368fa1d6d0fbd7c5d7d4536cf"
+content-hash = "877e76b7a9aa8a18f0ecef19c721fde469d90d28d871d8a4a7b33d85b3b15e36"
 
 [metadata.files]
 acre = []
@@ -1463,8 +1470,8 @@ arrow = [
     {file = "arrow-0.17.0.tar.gz", hash = "sha256:ff08d10cda1d36c68657d6ad20d74fbea493d980f8b2d45344e00d6ed2bf6ed4"},
 ]
 astroid = [
-    {file = "astroid-2.5.2-py3-none-any.whl", hash = "sha256:cd80bf957c49765dce6d92c43163ff9d2abc43132ce64d4b1b47717c6d2522df"},
-    {file = "astroid-2.5.2.tar.gz", hash = "sha256:6b0ed1af831570e500e2437625979eaa3b36011f66ddfc4ce930128610258ca9"},
+    {file = "astroid-2.5.3-py3-none-any.whl", hash = "sha256:bea3f32799fbb8581f58431c12591bc20ce11cbc90ad82e2ea5717d94f2080d5"},
+    {file = "astroid-2.5.3.tar.gz", hash = "sha256:ad63b8552c70939568966811a088ef0bc880f99a24a00834abd0e3681b514f91"},
 ]
 async-timeout = [
     {file = "async-timeout-3.0.1.tar.gz", hash = "sha256:0c3c816a028d47f659d6ff5c745cb2acf1f966da1fe5c19c77a70282b25f4c5f"},
@@ -1648,6 +1655,10 @@ docutils = [
     {file = "docutils-0.17-py2.py3-none-any.whl", hash = "sha256:a71042bb7207c03d5647f280427f14bfbd1a65c9eb84f4b341d85fafb6bb4bdf"},
     {file = "docutils-0.17.tar.gz", hash = "sha256:e2ffeea817964356ba4470efba7c2f42b6b0de0b04e66378507e3e2504bbff4c"},
 ]
+enlighten = [
+    {file = "enlighten-1.9.0-py2.py3-none-any.whl", hash = "sha256:5c59e41505702243c6b26437403e371d2a146ac72de5f706376f738ea8f32659"},
+    {file = "enlighten-1.9.0.tar.gz", hash = "sha256:539cc308ccc0c3bfb50feb1b2da94c1a1ac21e80fe95e984221de8966d48f428"},
+]
 evdev = [
     {file = "evdev-1.4.0.tar.gz", hash = "sha256:8782740eb1a86b187334c07feb5127d3faa0b236e113206dfe3ae8f77fb1aaf1"},
 ]
@@ -1671,8 +1682,8 @@ google-api-python-client = [
     {file = "google_api_python_client-1.12.8-py2.py3-none-any.whl", hash = "sha256:3c4c4ca46b5c21196bec7ee93453443e477d82cbfa79234d1ce0645f81170eaf"},
 ]
 google-auth = [
-    {file = "google-auth-1.28.0.tar.gz", hash = "sha256:9bd436d19ab047001a1340720d2b629eb96dd503258c524921ec2af3ee88a80e"},
-    {file = "google_auth-1.28.0-py2.py3-none-any.whl", hash = "sha256:dcaba3aa9d4e0e96fd945bf25a86b6f878fcb05770b67adbeb50a63ca4d28a5e"},
+    {file = "google-auth-1.28.1.tar.gz", hash = "sha256:70b39558712826e41f65e5f05a8d879361deaf84df8883e5dd0ec3d0da6ab66e"},
+    {file = "google_auth-1.28.1-py2.py3-none-any.whl", hash = "sha256:186fe2564634d67fbbb64f3daf8bc8c9cecbb2a7f535ed1a8a71795e50db8d87"},
 ]
 google-auth-httplib2 = [
     {file = "google-auth-httplib2-0.1.0.tar.gz", hash = "sha256:a07c39fd632becacd3f07718dfd6021bf396978f03ad3ce4321d060015cc30ac"},
@@ -1719,8 +1730,8 @@ jinja2 = [
     {file = "Jinja2-2.11.3.tar.gz", hash = "sha256:a6d58433de0ae800347cab1fa3043cebbabe8baa9d29e668f1c768cb87a333c6"},
 ]
 jinxed = [
-    {file = "jinxed-1.0.1-py2.py3-none-any.whl", hash = "sha256:602f2cb3523c1045456f7b6d79ac19297fd8e933ae3bd9159845dc857f2d519c"},
-    {file = "jinxed-1.0.1.tar.gz", hash = "sha256:bc523c74fe676c99ccc69c68c2dcd7d4d2d7b2541f6dbef74ef211aedd8ad0d3"},
+    {file = "jinxed-1.1.0-py2.py3-none-any.whl", hash = "sha256:6a61ccf963c16aa885304f27e6e5693783676897cea0c7f223270c8b8e78baf8"},
+    {file = "jinxed-1.1.0.tar.gz", hash = "sha256:d8f1731f134e9e6b04d95095845ae6c10eb15cb223a5f0cabdea87d4a279c305"},
 ]
 jsonschema = [
     {file = "jsonschema-3.2.0-py2.py3-none-any.whl", hash = "sha256:4e5b3cf8216f577bee9ce139cbe72eca3ea4f292ec60928ff24758ce626cd163"},
@@ -1906,27 +1917,31 @@ pluggy = [
     {file = "pluggy-0.13.1-py2.py3-none-any.whl", hash = "sha256:966c145cd83c96502c3c3868f50408687b38434af77734af1e9ca461a4081d2d"},
     {file = "pluggy-0.13.1.tar.gz", hash = "sha256:15b2acde666561e1298d71b523007ed7364de07029219b604cf808bfa1c765b0"},
 ]
+prefixed = [
+    {file = "prefixed-0.3.2-py2.py3-none-any.whl", hash = "sha256:5e107306462d63f2f03c529dbf11b0026fdfec621a9a008ca639d71de22995c3"},
+    {file = "prefixed-0.3.2.tar.gz", hash = "sha256:ca48277ba5fa8346dd4b760847da930c7b84416387c39e93affef086add2c029"},
+]
 protobuf = [
-    {file = "protobuf-3.15.7-cp27-cp27m-macosx_10_9_x86_64.whl", hash = "sha256:a14141d5c967362d2eedff8825d2b69cc36a5b3ed6b1f618557a04e58a3cf787"},
-    {file = "protobuf-3.15.7-cp27-cp27mu-manylinux1_x86_64.whl", hash = "sha256:d54d78f621852ec4fdd1484d1263ca04d4bf5ffdf7abffdbb939e444b6ff3385"},
-    {file = "protobuf-3.15.7-cp35-cp35m-macosx_10_9_intel.whl", hash = "sha256:462085acdb410b06335315fe7e63cb281a1902856e0f4657f341c283cedc1d56"},
-    {file = "protobuf-3.15.7-cp35-cp35m-manylinux1_x86_64.whl", hash = "sha256:849c92ce112e1ef648705c29ce044248e350f71d9d54a2026830623198f0bd38"},
-    {file = "protobuf-3.15.7-cp35-cp35m-win32.whl", hash = "sha256:1f6083382f7714700deadf3014e921711e2f807de7f27e40c32b744701ae5b99"},
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 ]
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@@ -2254,41 +2269,37 @@ toml = [
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 ]
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-    {file = "tqdm-4.60.0.tar.gz", hash = "sha256:ebdebdb95e3477ceea267decfc0784859aa3df3e27e22d23b83e9b272bf157ae"},
-]
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+    {file = "typed_ast-1.4.3.tar.gz", hash = "sha256:fb1bbeac803adea29cedd70781399c99138358c26d05fcbd23c13016b7f5ec65"},
 ]
 typing-extensions = [
     {file = "typing_extensions-3.7.4.3-py2-none-any.whl", hash = "sha256:dafc7639cde7f1b6e1acc0f457842a83e722ccca8eef5270af2d74792619a89f"},
diff --git a/pyproject.toml b/pyproject.toml
index c8c0d5b4ff..a8b8e3cff6 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -43,6 +43,7 @@ jinxed = [
     { version = "^1.0.1", markers = "sys_platform == 'linux'" }
 ]
 python3-xlib = { version="*", markers = "sys_platform == 'linux'"}
+enlighten = "^1.9.0"
 
 [tool.poetry.dev-dependencies]
 flake8 = "^3.7"
@@ -62,8 +63,8 @@ sphinx-rtd-theme = "*"
 sphinxcontrib-websupport = "*"
 sphinx-qt-documentation = "*"
 recommonmark = "*"
-tqdm = "*"
 wheel = "*"
+enlighten = "*"  # cool terminal progress bars
 
 [tool.poetry.urls]
 "Bug Tracker" = "https://github.com/pypeclub/openpype/issues"
@@ -76,3 +77,29 @@ url = "https://distribute.openpype.io/wheels/"
 [build-system]
 requires = ["poetry-core>=1.0.0"]
 build-backend = "poetry.core.masonry.api"
+
+[openpype]
+
+[openpype.thirdparty.ffmpeg.windows]
+url = "https://distribute.openpype.io/thirdparty/ffmpeg-4.4-windows.zip"
+hash = "dd51ba29d64ee238e7c4c3c7301b19754c3f0ee2e2a729c20a0e2789e72db925"
+
+[openpype.thirdparty.ffmpeg.linux]
+url = "https://distribute.openpype.io/thirdparty/ffmpeg-4.4-linux.tgz"
+hash = "10b9beda57cfbb69b9ed0ce896c0c8d99227b26ca8b9f611040c4752e365cbe9"
+
+[openpype.thirdparty.ffmpeg.darwin]
+url = "https://distribute.openpype.io/thirdparty/ffmpeg-4.4-macos.tgz"
+hash = "95f43568338c275f80dc0cab1e1836a2e2270f856f0e7b204440d881dd74fbdb"
+
+[openpype.thirdparty.oiio.windows]
+url = "https://distribute.openpype.io/thirdparty/oiio_tools-2.2.0-windows.zip"
+hash = "fd2e00278e01e85dcee7b4a6969d1a16f13016ec16700fb0366dbb1b1f3c37ad"
+
+[openpype.thirdparty.oiio.linux]
+url = "https://distribute.openpype.io/thirdparty/oiio-2.2.0-linux.tgz"
+hash = "sha256:..."
+
+[openpype.thirdparty.oiio.darwin]
+url = "https://distribute.openpype.io/thirdparty/oiio-2.2.0-darwin.tgz"
+hash = "sha256:..."
\ No newline at end of file
diff --git a/tools/fetch_thirdparty_libs.ps1 b/tools/fetch_thirdparty_libs.ps1
new file mode 100644
index 0000000000..d1b914fac2
--- /dev/null
+++ b/tools/fetch_thirdparty_libs.ps1
@@ -0,0 +1,20 @@
+<#
+.SYNOPSIS
+  Download and extract third-party dependencies for OpenPype.
+
+.DESCRIPTION
+  This will download third-party dependencies specified in pyproject.toml
+  and extract them to vendor/bin folder.
+
+.EXAMPLE
+
+PS> .\fetch_thirdparty_libs.ps1
+
+#>
+$current_dir = Get-Location
+$script_dir = Split-Path -Path $MyInvocation.MyCommand.Definition -Parent
+$openpype_root = (Get-Item $script_dir).parent.FullName
+Set-Location -Path $openpype_root
+
+& poetry run python "$($openpype_root)\tools\fetch_thirdparty_libs.py"
+Set-Location -Path $current_dir
diff --git a/tools/fetch_thirdparty_libs.py b/tools/fetch_thirdparty_libs.py
new file mode 100644
index 0000000000..75ee052950
--- /dev/null
+++ b/tools/fetch_thirdparty_libs.py
@@ -0,0 +1,160 @@
+# -*- coding: utf-8 -*-
+"""Fetch, verify and process third-party dependencies of OpenPype.
+
+Those should be defined in `pyproject.toml` in OpenPype sources root.
+
+"""
+import os
+import sys
+import toml
+import shutil
+from pathlib import Path
+from urllib.parse import urlparse
+import requests
+import enlighten
+import platform
+import blessed
+import tempfile
+import math
+import hashlib
+import tarfile
+import zipfile
+import time
+
+
+term = blessed.Terminal()
+manager = enlighten.get_manager()
+hash_buffer_size = 65536
+
+
+def sha256_sum(filename: Path):
+    """Calculate sha256 hash for given file.
+
+    Args:
+        filename (Path): path to file.
+
+    Returns:
+        str: hex hash.
+
+    """
+    _hash = hashlib.sha256()
+    with open(filename, 'rb', buffering=0) as f:
+        buffer = bytearray(128 * 1024)
+        mv = memoryview(buffer)
+        for n in iter(lambda: f.readinto(mv), 0):
+            _hash.update(mv[:n])
+    return _hash.hexdigest()
+
+
+def _print(msg: str, message_type: int = 0) -> None:
+    """Print message to console.
+
+    Args:
+        msg (str): message to print
+        message_type (int): type of message (0 info, 1 error, 2 note)
+
+    """
+    if message_type == 0:
+        header = term.aquamarine3(">>> ")
+    elif message_type == 1:
+        header = term.orangered2("!!! ")
+    elif message_type == 2:
+        header = term.tan1("... ")
+    else:
+        header = term.darkolivegreen3("--- ")
+
+    print("{}{}".format(header, msg))
+
+
+_print("Processing third-party dependencies ...")
+start_time = time.time_ns()
+openpype_root = Path(os.path.dirname(__file__)).parent
+pyproject = toml.load(openpype_root / "pyproject.toml")
+platform_name = platform.system().lower()
+
+try:
+    thirdparty = pyproject["openpype"]["thirdparty"]
+except AttributeError:
+    _print("No third-party libraries specified in pyproject.toml", 1)
+    sys.exit(1)
+
+for k, v in thirdparty.items():
+    _print(f"processing {k}")
+    destination_path = openpype_root / "vendor" / "bin" / k / platform_name
+    url = v.get(platform_name).get("url")
+
+    if not v.get(platform_name):
+        _print(("missing definition for current "
+                f"platform [ {platform_name} ]"), 1)
+        sys.exit(1)
+
+    parsed_url = urlparse(url)
+
+    # check if file is already extracted in /vendor/bin
+    if destination_path.exists():
+        _print("destination path already exists, deleting ...", 2)
+        if destination_path.is_dir():
+            try:
+                shutil.rmtree(destination_path)
+            except OSError as e:
+                _print("cannot delete folder.", 1)
+                raise SystemExit(e)
+
+    # download file
+    _print(f"Downloading {url} ...")
+    with tempfile.TemporaryDirectory() as temp_dir:
+        temp_file = Path(temp_dir) / Path(parsed_url.path).name
+
+        r = requests.get(url, stream=True)
+        content_len = int(r.headers.get('Content-Length', '0')) or None
+        with manager.counter(color='green',
+                             total=content_len and math.ceil(content_len / 2 ** 20),  # noqa: E501
+                             unit='MiB', leave=False) as counter:
+            with open(temp_file, 'wb', buffering=2 ** 24) as file_handle:
+                for chunk in r.iter_content(chunk_size=2 ** 20):
+                    file_handle.write(chunk)
+                    counter.update()
+
+        # get file with checksum
+        _print("Calculating sha256 ...", 2)
+        calc_checksum = sha256_sum(temp_file)
+        if v.get(platform_name).get("hash") != calc_checksum:
+            _print("Downloaded files checksum invalid.")
+            sys.exit(1)
+
+        _print("File OK", 3)
+        if not destination_path.exists():
+            destination_path.mkdir(parents=True)
+
+        # extract to destination
+        archive_type = temp_file.suffix.lstrip(".")
+        _print(f"Extracting {archive_type} file to {destination_path}")
+        if archive_type in ['zip']:
+            zip_file = zipfile.ZipFile(temp_file)
+            zip_file.extractall(destination_path)
+            zip_file.close()
+
+        elif archive_type in [
+            'tar', 'tgz', 'tar.gz', 'tar.xz', 'tar.bz2'
+        ]:
+            if archive_type == 'tar':
+                tar_type = 'r:'
+            elif archive_type.endswith('xz'):
+                tar_type = 'r:xz'
+            elif archive_type.endswith('gz'):
+                tar_type = 'r:gz'
+            elif archive_type.endswith('bz2'):
+                tar_type = 'r:bz2'
+            else:
+                tar_type = 'r:*'
+            try:
+                tar_file = tarfile.open(temp_file, tar_type)
+            except tarfile.ReadError:
+                raise SystemExit("corrupted archive")
+            tar_file.extractall(destination_path)
+            tar_file.close()
+        _print("Extraction OK", 3)
+
+end_time = time.time_ns()
+total_time = (end_time - start_time) / 1000000000
+_print(f"Downloading and extracting took {total_time} secs.")
diff --git a/tools/fetch_thirdparty_libs.sh b/tools/fetch_thirdparty_libs.sh
new file mode 100755
index 0000000000..e305b4b3e4
--- /dev/null
+++ b/tools/fetch_thirdparty_libs.sh
@@ -0,0 +1,129 @@
+#!/usr/bin/env bash
+
+# Run Pype Tray
+
+
+art () {
+  cat <<-EOF
+  ____________
+ /\\      ___  \\
+ \\ \\     \\/_\\  \\
+  \\ \\     _____/ ______   ___ ___ ___
+   \\ \\    \\___/ /\\     \\  \\  \\\\  \\\\  \\
+    \\ \\____\\    \\ \\_____\\  \\__\\\\__\\\\__\\
+     \\/____/     \\/_____/  . PYPE Club .
+
+EOF
+}
+
+# Colors for terminal
+
+RST='\033[0m'             # Text Reset
+
+# Regular Colors
+Black='\033[0;30m'        # Black
+Red='\033[0;31m'          # Red
+Green='\033[0;32m'        # Green
+Yellow='\033[0;33m'       # Yellow
+Blue='\033[0;34m'         # Blue
+Purple='\033[0;35m'       # Purple
+Cyan='\033[0;36m'         # Cyan
+White='\033[0;37m'        # White
+
+# Bold
+BBlack='\033[1;30m'       # Black
+BRed='\033[1;31m'         # Red
+BGreen='\033[1;32m'       # Green
+BYellow='\033[1;33m'      # Yellow
+BBlue='\033[1;34m'        # Blue
+BPurple='\033[1;35m'      # Purple
+BCyan='\033[1;36m'        # Cyan
+BWhite='\033[1;37m'       # White
+
+# Bold High Intensity
+BIBlack='\033[1;90m'      # Black
+BIRed='\033[1;91m'        # Red
+BIGreen='\033[1;92m'      # Green
+BIYellow='\033[1;93m'     # Yellow
+BIBlue='\033[1;94m'       # Blue
+BIPurple='\033[1;95m'     # Purple
+BICyan='\033[1;96m'       # Cyan
+BIWhite='\033[1;97m'      # White
+
+
+##############################################################################
+# Detect required version of python
+# Globals:
+#   colors
+#   PYTHON
+# Arguments:
+#   None
+# Returns:
+#   None
+###############################################################################
+detect_python () {
+  echo -e "${BIGreen}>>>${RST} Using python \c"
+  local version_command="import sys;print('{0}.{1}'.format(sys.version_info[0], sys.version_info[1]))"
+  local python_version="$(python3 <<< ${version_command})"
+  oIFS="$IFS"
+  IFS=.
+  set -- $python_version
+  IFS="$oIFS"
+  if [ "$1" -ge "3" ] && [ "$2" -ge "6" ] ; then
+    if [ "$2" -gt "7" ] ; then
+      echo -e "${BIWhite}[${RST} ${BIRed}$1.$2 ${BIWhite}]${RST} - ${BIRed}FAILED${RST} ${BIYellow}Version is new and unsupported, use${RST} ${BIPurple}3.7.x${RST}"; return 1;
+    else
+      echo -e "${BIWhite}[${RST} ${BIGreen}$1.$2${RST} ${BIWhite}]${RST}"
+    fi
+    PYTHON="python3"
+  else
+    command -v python3 >/dev/null 2>&1 || { echo -e "${BIRed}$1.$2$ - ${BIRed}FAILED${RST} ${BIYellow}Version is old and unsupported${RST}"; return 1; }
+  fi
+}
+
+##############################################################################
+# Clean pyc files in specified directory
+# Globals:
+#   None
+# Arguments:
+#   Optional path to clean
+# Returns:
+#   None
+###############################################################################
+clean_pyc () {
+  local path
+  path=$pype_root
+  echo -e "${BIGreen}>>>${RST} Cleaning pyc at [ ${BIWhite}$path${RST} ] ... \c"
+  find "$path" -regex '^.*\(__pycache__\|\.py[co]\)$' -delete
+  echo -e "${BIGreen}DONE${RST}"
+}
+
+##############################################################################
+# Return absolute path
+# Globals:
+#   None
+# Arguments:
+#   Path to resolve
+# Returns:
+#   None
+###############################################################################
+realpath () {
+  echo $(cd $(dirname "$1"); pwd)/$(basename "$1")
+}
+
+# Main
+main () {
+  echo -e "${BGreen}"
+  art
+  echo -e "${RST}"
+  detect_python || return 1
+
+  # Directories
+  pype_root=$(realpath $(dirname $(dirname "${BASH_SOURCE[0]}")))
+  pushd "$pype_root" > /dev/null || return > /dev/null
+
+  echo -e "${BIGreen}>>>${RST} Running Pype tool ..."
+  poetry run python3 "$pype_root/tools/fetch_thirdparty_libs.py"
+}
+
+main
\ No newline at end of file