Purchase Orders

TakeStock Purchase Orders is a fundamental core module that allows distributors to manage and track all their purchasing transactions. From essential inventory to everyday business supplies, this module allows for close monitoring, tracking and reporting of all purchasing to ensure that each dollar of inventory investment is maximized. Designed to bring new levels of efficiency to purchasing processes, this module includes features such as the automatic review of each vendor on an optimal review cycle.

This allows for line point replenishment at frequencies and quantities that maximize service levels while taking advantage of supplier discounts. Once a purchase order has been issued, the system monitors the transaction from receipt through invoice, while pinpointing discrepancies.

Features:

• Integrates with inventory to automate vendor review, replenishment calculations and creation of suggested purchase orders
• Makes buying recommendations based on analysis of past sales, current stocking levels, anticipated need and lead time
• Compares purchase order to product line buying targets (weight or dollar), with option to increase order to meet buying targets
• Selects cost from cost schedules, last cost, or manual cost based on cost hierarchy by vendor
• Calculates aggregate cost discounts across related items with quantity breaks defined as units, dollars, or weight
• Reserves multiple sales orders, production orders and transfer requests against a single purchase order line item
• Allows entry of charges such as freight and handling charges through user-defined add-ons
• Prints purchase orders on laser forms, stock paper, or preprinted forms immediately upon entry or in batches. Fax and e-mail integration also available.
• Tracks purchases of supply items
• Records expected tax