Procurement - Inbound Logistics

PO & Vendor Bill Approvals
Enables systematic review and authorization of Purchase-Orders and Bills, ensuring proper oversight and control over organizational spending.

• Audit Trails - Most orders go through constant modifications until they’re closed. Order auditing lets you track every modification made,
  who made it, and when. It’s available at the click of a button from anywhere in every order.
• Receive Receipts & BOLs - Track when purchase orders are fully or partially received. Un-receive from the purchase order, with audit trails
  for both. While receiving inventory, warehouse staff can include the Bill of Lading or Packing Slip ID for future reference.
• Hard-Allocation - Assures that inbound vendor shipments linked to sales-orders are protected from being picked by other orders.
• Landed Cost - Including shipping, insurance, and customs duties, in order to realize the total cost of your purchase items. Costs can be
  allocated across items using multiple allocation methods including weighted amount, cubic size, and weight.
• PO-SO Synchronization - Real-time, bi-directional updates between purchase orders, sales orders, and related documents such as
  Quotes, POs, Order Confirmations, etc.. ensuring data consistency and accuracy across the entire order management process.
  Includes all validation logic to ensure that documents such as Invoices are not impacted by changes.

Purchase Orders can undergo an intermediate step that consolidates and optimizes POs prior to vendor dispatch.
This intermediate step streamlines operations and reduces expenses.

• Purchase-Order Consolidation - Merge multiple POs into one to increase economies of scale / cost reductions.
• Discount threshold insights  -  Brings awarness to discount thresholds during the buying process.
• Data-mine purchase history - Leverage historical prices paid to recommend discounts on open Purchase Orders.

If your organization has volume discount contracts with vendors for frequently purchased items that are purchased over an
extended period of time, BizAutomation’s Blanket Orders will help you manage them.

• Consolidated Master Blanket Purchase Orders - Including all requisite details memorialized in the contract such as items,
  quantities, and release date schedules.
• Demand Plan Aware - Demand planning purchase formulas will be Blanket Order aware. By incorporating items and quantities
  committed to blanket order contracts, double purchasing of items already scheduled against Blanket Orders is prevented.