top of page

Purchasing

1. Following prices, discounts, quantity breaks, etc. of different suppliers in the system saves time and therefore money. It adds to the bottom line by reducing the chance of forgetting supplier offers.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

2. An integrated system can collect stock requests from sales orders, production, shops, minimum stock alerts or any other department. These can be handled individually or combined, allowing for better volume deals adding to the bottom line.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

3. You can build into the integrated system forecasts for different departments and, using modelling, Purchasing could get predictions well in advance. This can especially save money if bulk volumes at very good prices can only be ordered with a very long lead time.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

4. Tracking every purchase request in an integrated system means you will not lose sight of them or their due dates, saving money on last-minute, expensive purchases.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

5. In an integrated system, stock requests can be checked against unreserved stocks and on-going purchases. This lets you optimise your stocks better, saving capital from over-stocking and improving the bottom line by avoiding superfluous, wasted stock.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

6. Price comparison features can be built into the system making it easier for staff to match price-volume-delivery time offers with individual and combined purchase requests. This leads to better deals and adds to the bottom line.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

7. The system can facilitate and control workflows, allowing, for example, approvals for purchasing. This supports cash flow decisions, project and shop requests, sales order monitoring, all potentially saving money for the company.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

8. The system can follow the individual purchase requests. Among many other advantages, this supports the creation of delivery route instructions for suppliers, and potentially saving on logistics costs.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

9. An integrated system can alert for BOM changes following revisions and new versions of design changes, component modifications. This goes a long way towards saving money on superfluous or wasted stock.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

10. In an integrated system it can be part of the workflow to check incoming invoices against purchase orders and/or goods-in. The system can help detect differences in quantity, price or product, guarding the company against unfounded payments.

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

11. Storing contact supplier data and prices in a company-owned system protects the company’s information capital.


 

labour costs 2 (1).png
labour
administartive costs 3.png
admin
lead time 2.png
better decisions 2.png
lead times
decisions
stock costs 2 (1).png
stock
increased accuracy 2.png
accuracy
bottom line 2.png
other

Contents

Section 1

Department-specific benefits

Section 4

Change Management

Section 2

Restructuring benefits

Section 5

System related operational risks

Section 3

Modelling

Section 6

Interconnectedness
of systems

Section 7

Other system gains

bottom of page