PURCHASING MANAGEMENT

Purchasing managers are expected to acquire high quality goods at the best prices, have them delivered on time, and manage the entire process to minimize inventory holding costs. Master System OMS ERP Purchasing Management automates the process of organizing vendor information, assessing purchasing requirements, and acquiring goods in an easy, streamlined fashion.

Comprehensive Vendor Information

• Vendor profile
• Name, address, contact, and more
• Purchase From / Remit To
• Default vendors by purchased item
• Automatic cross-reference of vendor item numbers to your item numbers
• Vendor-specific pricing
• Pricing based on last actual or adjusted base cost
• Vendor performance history
• Price and delivery variance

Easy Purchase Order Management

• Suggested replenishment orders
• Based on stock level, lead time, seasonality, safety stock, or time supply
• Suggested MRP orders
• Automatic generation of drop ship purchase orders from sales orders
• Defined due date or open-ended
• Easy manual creation of purchase orders
• Purchase non-inventory/MRO items
• Unlimited comments
• Line item comments, trailer comments, specifications, extended descriptions, and more
• eMail or Fax to vendor

Receiving Flexibility

• Receive to dock, stock or inspection areas
• Receive in purchased or stocking unit of measure
• Container receipts
• Landed costs
• Flexible receipt adjustment

Three-Way Matching

• Receipts
• Purchase Orders
• Vendor Invoices
• Automatic generation of Accounts Payable invoices

Fully Integrated with Financials

• Automatically creates journal entries
• Summary or detail
• Automatic allocation of freight and miscellaneous charges
• Track non-Voucher receipt control
• Automatically charge purchase variances to proper account

Comprehensive Reporting

• Open/Closed Orders
• Receipts Analysis
• Purchase Order Analysis
• Vendor Performance
• Non-Voucher Receipts
• Suggested Purchase Orders
• Vendor Book / Labels