Maintain a comprehensive vendor database with contact information, terms, and performance metrics.
Track all available items from vendors with pricing, lead times, and minimum order quantities.
Create and manage purchase orders with approval workflows. Track order status from creation to receipt.
Compare prices across vendors to get the best deals. Historical pricing data helps with negotiations.
Track on-time delivery, quality metrics, and vendor reliability. Make informed sourcing decisions.
Set up automatic purchase order generation based on inventory levels and production needs.
Reduce procurement costs by 15-20%
Improve vendor relationships and reliability
Faster purchase order processing
Better spend visibility and control