Suggested Purchase Order
What is the true optimal order from your vendors? You’ll know with Suggested Purchase Order from Direct Tech.
Suggested Purchase Order provides you with a unique, by-vendor view of your future purchase requirements. Suggested Purchase Order allows you to plan and manage ordering, shipping and inventory carrying costs, as well as any special pricing and discounts. It then calculates the optimal purchase amounts and purchase dates for all items from each vendor to minimize the overall cost of inventory ownership.
With Suggested Purchase Order, you’re able to combat rising costs and shrinking margins by balancing order costs, product costs, and carrying costs with vendor discounts and future pricing. So you’re able to:
- Minimize the total cost of inventory ownership
- Maximize discounts and short-order or extra shipping costs
- Leverage vendor volume pricing, additional discounts, and future pricing opportunities
- Time purchases when they’re most advantageous to you
- Accelerate the purchasing process
Built with proprietary algorithms from recognized experts, Suggested Purchase Order allows you to:
- Manage ordering, receiving, storage, insurance, space, and capital costs
- Identify orders that minimize costs and maximize fulfillment goals
- Select the fixed and variable costs to include in the calculations
- Use vendor optimization to apply discounts and special pricing according to specific vendor agreements
- Manage vendor purchase information by style and/or SKU
- Select which vendors and products to include and exclude in the suggested purchase order process
- Modify suggested purchase orders or complete orders as suggested
Contact us today for more information or for an online demonstration.
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