Page 24 - Gagnon Freres - STORIS Pricing Guidance 10-24-17_Neat
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Purchasing
Order Processing Automation
Overview
Planning for the inventory that customers
demand is essential to building customer
satisfaction and growing revenue. STORIS’
Purchasing solution is integrated with real-
time sales data, merchandising insight and
accounting. This enables a purchasing
strategy that meets demand effectively. In
addition, automated notifications and PO
generation help to streamline processes,
reducing effort surrounding purchasing, while
ensuring accuracy and timely execution.
Generate Purchase Orders:
During the Point of Sale To Fulfill Your Replenishment Strategy
While Merchandise Planning To Maintain Mins, Maxs & Safety Stock
Automatically to Meet Backorder Needs For New Products on-the-Fly
Features
Use actual and projected sales data with real-time inventory quantities to make strategic
purchasing decisions from across your brick & mortar, eCommerce and mobile platforms
Utilize Available to Promise dates and set realistic customer delivery expectations
Directly link POs to a customer sale to assign merchandise to a specific delivery
Calculate merchandise discounts using total volume, weight and payment terms
Automatically process purchase discounts, volume rebates, and vendor charge backs
Submit single POs with multiple criteria from delivery dates and varying costs of goods
Track goods through your supply chain including in-transit quantities
Integrate with STORIS’ EDI interface to sync purchasing directly with your vendors
Ensure accurate accounting with a 3-way match system across orders, receiving and payables
Generate customized Purchasing Activity Reports using the custom Report Builder
Impacts
Develop a proactive approach to managing inventory needs
React quickly to demand with integrated purchasing tools and process automation
Reduce tedious manual labor to allow merchandisers to focus on optimizing buying decisions
Accurately & instantly record your business’ finances and accounting related to purchasing
CONFIDENTIAL INFORMATION | STORIS, INC | 1.888.4.STORIS