Demand Planning and Purchasing Management Software
Next Generation Demand Planning & Purchasing Management improves customer service levels and decreases operational costs by maintaining proper inventory balances to satisfy customer demand. Multiple demand planning methods predict replenishment quantities needed for all stock items. Routine tasks are software automated, thereby increasing employee productivity and improving customer service.
The Purchasing Management module of our Next Generation distribution software allows the distributor to procure, receive and track inventory items. Fully integrated with the sales order management module, sales orders for non-stock and drop ship items can automatically create a purchase order or notify purchasing to act appropriately. Multiple purchase order options are supported including expense, stock, blanket, drop ship, and branch transfers. Purchasing units of measure can differ from stocking units of measure providing maximum flexibility in procuring, selling, controlling and accounting for inventory items.
The Demand Planning module reviews inventory availability and outstanding orders to calculate the suggested economic order quantity for those items that need to be ordered. The system takes into account average usage, lead times, safety stock, order point, minimum quantity, maximum quantity, line points and review cycles as part of the demand planning process. Demand planning algorithms include product line targets based on quantity, dollars, weight and volume.
Seamlessly integrated with the Inventory Management, Sales Order Management, Accounts Payable and General Ledger modules, Next Generation Demand Planning & Purchasing Management Software has everything a distributor needs to make the best buying decisions.
Key Demand Planning and Purchasing Management Features