Purchase Order Management |
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| The first step to effective merchandising is the Purchase Order. It is the most critical and often time consuming part of properly controlling inventory. When it comes to Inventory Control Systems, more time is spent entering orders and defining inventory than is spent recording sales! Everyone knows “GIGO” (Garbage In, Garbage Out), but few fully appreciate how important recording the Purchase Order is in assuring the proper identification of merchandise for future analysis, pricing, delivery timing, assortment planning and effective allocations and store distribution. It is the basis for efficient receiving and distribution, but more importantly, the cornerstone of effective merchandise planning and forecasting that maximizes margins and turn rates. |
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Features
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Store Distribution Options
PO Management Tools
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Sometimes, dreams come true! Historically, purchase order entry has been a data entry function performed after the actual Purchase Order was written. In early technology it represented the most burdensome barrier to overcome when automating a retail store, especially in the seasonal and fashion sectors. For decades the industry has dreamed of a tool so helpful, so efficient, and easy to use that every buyer would prefer to use the computer to record Purchase Orders instead of making notes, writing orders, and waiting weeks to see the results updated to the merchandising system. At Smyth Retail, we have made this dream come true for our clients! Certainly, there are times when paper must be left at market, but buyers using Merchant Plus! actually prefer to enter orders using the Purchase Order system!
Efficient PO Entry: Intelligent defaults and an elegant design allow for the creation of Purchase Orders, new Styles, and new color codes with a minimal number of keystrokes. Integrated look-up functions prevent duplication of styles, colors and sizes. Automated size allocation, store distribution tools and the ability to copy common allocations and distributions can significantly speed up the entry process. The integrated replenishment tool displays current stock levels as well as past sales to easily review suggested order levels based on recent trends.
