Let’s spend some time understanding how to maximize your use of the Purchasing Button.
Forecasting the future demand for your products is the first important step, but making sure you are ordering the right amount of products at the right time is the most impactful to your bottom line. Either running out of stock or storing excess slow-turn, high capital investment inventory can be catastrophic to your revenue and profitability.
Here, you have a list of purchase orders, grouped by Vendor, that contain items with positive recommended purchase quantities. ForecastRx suggests you process these items within the current horizon to avoid running out of stock. If an item has not been assigned a Vendor in the Manage > Items area, they will be similarly grouped in a single line entry called “Items Without Vendor”. You can click on our suggested POs to further analyze item inclusions, quantities and prices prior to placing your order.
Create Custom PO
The Create Custom area of Purchasing is where ForecastRx offers you the ability to create custom purchase orders from your entire active item list. Here you can manually add items to a working purchase order or you can click on a working PO to further analyze and modify the items, quantities and prices until your feel ready to Export your results via CSV.
Take A Closer Look
Note: Filtering, sorting and column preferences are stored with your user profile and will remain applied each time you return to a specific grid in the Purchasing Button.
If you would like to schedule a meeting with a member of the team—let us know, we are here to help!