Purchase
Order Reminder Letters so we can send one letter to each of our
suppliers to remind them what we have on purchase order with due dates.
They can then fax or email it back with any revisions to our due dates.
Quick Update Routine
for Due Dates on Purchase Order Items Lines
Recurring Purchase
Orders and Contract Orders
Contract Purchase Orders
when a large order is agreed and then shipped over time
Special
Order Purchase Order Routine – these are for items we do not want
to stock either because they cost a lot or take up a lot of room and we
can get them quite quickly so we just buy to order. This would be identified
on the stock item.
Auto Generate Purchase Order Routine– This can work in numerous ways, A simple way is to order
what you need to fulfill your sales orders e.g. in stock – on sales
order + on purchase order already + In Transit to the warehouse from other
warehouses = Potential Stock. If this is negative then we need to order
to fulfill our sales orders. Another option is using what we call Sales
Trends which adds to the previous calculation Average Sales x Lead Time
as this gives us the qty of stock we need to order so we do not run out
before we have to order again. This produces a list of items to order
and you can click on the hyperlinked qty to see how it was arrived at.
Also the ability to have main supplier or last lowest cost supplier as
the recommended supplier with relevant lead-time.
Requirements Planning – this uses due dates on sales order item lines to help plan when we should be ordering stock. This is suited for users who are taking orders for delivery over time. So for each item we can see a daily or weekly planning horizon and a running total on stock. When this drops below the min level or Average Sales x lead time then the system will recommend we purchase order some now with a due date needed to stop us going below this level. We can then amend this qty and commit to order the plan when we have finished looking at all our items.
Returns
Return Management RMA - Return Options like Accept – Replace or
Credit and Declined – Scrap or Return
Payment Control
Remittance Advice Production
with Lowest cost routing options
Cheque & Remittance production
routine
Remittance and Bank
File production routine (Bank file layout can be defined for each bank
account in banking)
