Purchasing management challenges and solutions
Built For
Acctivate purchasing management tracks, manages and provides visibility across the procurement process enabling Purchasing Managers to…
- View all purchasing documents on one screen
- Set up widgets for critical alerts, like price changes
- Order products from stock, drop shipments and special orders
- Be notified when available stock falls below ideal minimum levels
- See recommendations for purchase orders
- Create drop ship POs from the original sales order, and more…..
Purchasing management challenges & solutions
Purchasing challenge: Vendor pricing is in flux – it’s always changing, making it almost impossible to figure out how to price to customers.
Acctivate solutions: Know prices by vendor, total product cost, what to order, from whom & what is an acceptable margin levels when pricing
Purchasing challenge: Lead times are different for various vendors, so we’re never quite sure when to re-order specific products.
Acctivate solutions: Monitor & replenish inventory with forecasting & vendor management conditional alerts
Purchasing challenge: Vendors are back-ordering & short-shipping too often. If we don’t have it, we can’t sell it.
Acctivate solutions: Assess vendor reliability & establish a preferred vendor list based on historical performance
Purchasing challenge: Lead times are different for various vendors, so we’re never quite sure when to re-order specific products.
Acctivate solutions: Monitor & replenish inventory with forecasting & vendor management conditional alerts
Purchasing challenge: It seems like we’re buying more, but the volume is not reflected in our pricing.
Acctivate solutions: Analyze spending patterns & consolidate purchasing to leverage volume
Purchasing challenge: We can’t cross-reference items and product codes with vendors, so we miss reordering items.
Acctivate solutions: Identify products by multiple product ID codes that may be associated with each product & link to historical vendor data
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