As we all known’s about complex functioning of Inventory Management, where we require an effective structural purchase planning approach to purchase require raw materials on interval basis. Purchase planning allows manufacturing units to fulfil continuous work orders timely. Effective purchase planning can reduce the overall purchase plan cost and warehouse stock keeping cost and plays an important role to run & manage a Modern Warehouse.
SalesBabu Online Inventory Management System providing robust purchase planner tool on single screen, where companies can easily manage their purchase quotas, and can schedule their purchase plan’s effectively.
Benefits of SalesBabu Purchase Planner with Inventory On-Demand
- Effective Purchase planning
- Purchase Order Handling
- Enable to Float PI’s(Purchase Inquiries)
- Compare Multiple Quotation with Multiple Vendor’s
- Get Re-Order Level on Product and Raw Materials
- Handle entire Work Order’s
- Facilitates Job Work Scheduler Separately
- Enable to make P Q (Purchase Quotations)
- Enable to do multiple GRN against the Partial vendor Order
- Enable for Entire MRN(Material Receipt Note) on one screen
- Manage entire Vendor Bucket
- Get real time Inventory Updates on Stock
- Product Sampling
- Capture Sales Returns
- Vendor’s Mapping with Products
Core Value of SalesBabu Inventory On- Demand is that, it can track entire stock transaction at micro level and can provide real time inventory status on material and allow companies to do Effective purchase planning against the stock requirements.
What is Purchase Planning?
Purchase Planning is a necessary process in Inventory Management, where purchase manager is responsible for all the requisition related to stock in warehouses. In simple term purchase planning facilitate a structural approach to the management on purchasing activities which define the lucrative material purchase plans, like what should be purchase, in which quantity and form where it should be purchase. Planning typically takes place as a component of the budgeting process, which inventory need to operate the business properly and to control the cost of the goods with suppliers.
Hence, SalesBabu Inventory allows organization to Manage & synchronize entire Purchase Plans, Pending Purchases, Vendor & purchase Quotations and Purchase orders on single computer, which enable inventory MANAGER TO keep track of all the Stock Movement (Inward & outwards).