Thursday, September 09, 2010  | 
 
 
Purchasing


Vendor Optimization

Vendor optimization uses the historical statistical material ordering information to determine which vendor is best to purchase a specified material from.








Material Orders
The material orders area allows the user two primary material ordering options. Manually create the orders using several selection methods and project materials order assist tools Allow the system to automatically crated and schedule purchase orders based on pre scheduled project release dates Material purchase orders can be recorded in the system, printed, or sent to accounting software. The ordering process will affect the inventory calculations for a material.






Material Receiving
Material receiving completes the material order cycle. It allows the user to record a transaction whenever a material is received and to enter additional information about received orders such as materials that are damaged or back ordered.





Vendor Optimization
Material Orders
Material Receiving


Material Checkout
Material Checkout completes the material use cycle. It allows the user to record a transaction whenever a material is actually used by production for a project release. It also allows management to track who used the material and determine if materials are disappearing fraudulently by comparing the checkout numbers with inventory counts and estimated project material requirements.



Inventory Control
Inventory control provides the tools to effectively track and control inventory stock levels.
· Material stock on hand graph
· Material Transactions list display
· Material transactions report
· Estimated and actual stock on hand values
· Update physical stock on hand count

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