Purchasing

Purchasing tools can help minimize the burdensome tasks associated with manual purchasing by automating your demand planning, purchasing, and ordering process to optimize buying power across different product lines and multiple warehouses. Powerful formulas analyze historical and forecasted usage for each item, seasonal trends, market demand, and vendor lead times to provide suggested purchase orders for each vendor. Erratic demand is flagged for review and can be exponentially smoothed into demand formulas. Items can be grouped into buy-lines for purchase analysis by product group to take advantage of special pricing and discounts. Buy-line inquiries allow users to compare purchasing requirements with vendor targets. Estimated carrying costs are displayed for items that are necessary to meet the vendor target. These advanced purchasing tools maximize your buyers' efficiency, enabling them to spend more time on profit-oriented tasks such as reducing dead stock inventory, increasing customer fill rates, negotiating pricing with suppliers, and reviewing product mix.

In addition to the advanced replenishment tools, Purchasing provides complete integration to Customer Order Processing, for the processing of special orders and direct shipments. These purchase orders are directly linked to customer orders to improve tracking and billing.

Full foreign currency is supported. On-the-water boat tracking features allow buyers to track and receive product by container. Landed cost options allow users to roll up freight, duty and other landed cost charges by item weight, cost, cubic measure, or quantity. Purchase Order and Landed Cost price verification allows users to match invoices to receipts and landed cost charges for verification and posting. Automatic tolerance levels can be set to flag buyers, through conditional emails, if invoice discrepancies exist.

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