STREAMLINE PROCUREMENT AND INVENTORY MANAGEMENT THROUGH ONE PLATFORM
Indicate which items in your database are stock items to ensure that inventory managers can focus on tracking essential products and components. Inventory managers can enter manual adjustments to update stock information, or book-in stock through the receiving module.
Set reorder points for each stock item to ensure that when item quantities drop below a certain threshold, staff are made aware of the need to acquire more. Reorder points allow necessary item orders from different distribution locations to be placed on requisitions in an organized and efficient manner.
Placed requisition orders can be fulfilled from existing inventory levels or through the creation of a purchase order. Requisitions can be amalgamated together on a single purchase order or partially fulfilled on multiple purchase orders.
Received items can be booked-in to update inventory or just to allow a simple 2-way match for accurate information to be provided when invoices are reconciled. Staff can leave notes when booking in deliveries, allowing for details and discrepancies to be communicated and documented.