Building a purchase order, or PO, as they are often referred to, can be tedious. Time-consuming and monotonous, they often require seemingly endless research into part movements, histories, return, and defect rates. All of which come together in a spreadsheet form to provide the (hopefully) optimal replenishment order that will move well through the next buying period. It doesn’t have to be such a pain, however. Many systems are available that provide solutions to expedite the process of researching and analyzing data to make the right decisions for your business’ purchasing.
Deciding what to order:
Going off sales data to determine which parts are most likely to sell is always a safe bet. Pulling and interpreting the sales data can be a pain, though. Here is where Rev has multiple systems in place to assist you. Rev allows you to view part history with a click of a button, so you can see what has sold or hasn’t been doing well without losing your place inside your PO screen. The most recent line whose sales history you have viewed gets outlined in grey, so you can quickly tell where you were on a page and keep moving down the list. If there is a marked line for reordering, you can adjust this as well by checking the do not reorder box in the case of supersessions of line changeovers.
When purchasing replenishment parts, you can decide who gets what ahead of time. Rev breaks down sales histories by location so you can stock sites that have a demand for parts while removing them from those that will only see them gather dust. This tool can also save you some time when trying to track down a part your location is out of stock on. By identifying where all part numbers within a line go, you can determine which stores should have it in stock, and transfer them rather than order a replenishment.
Want to adjust order points on products as you go through and get a closer look at sales histories? Rev lets you do so from within the PO screen. Change Min and Max numbers on the part overall, or adjust them to specific locations.
Sometimes having the exact part number a customer needs is not the end of the road. There are many manufacturers out there who make the “same” product. At least in the application. Rev accounts for these products in your inventory when recommending order points and lines to stock. You may have one alternator in Remy, but five in Denso that fit the same make and model vehicle. Rev will alert you to this when you add more of the Remy number to your order, so you can decide if you want to push Denso, or keep a large stock for that application.
Along with making purchase orders, you have times when you send things back to vendors. Cores, Defects, returns from parts that didn’t sell. Deciding what to send and keeping track of everything that goes or is owed is made easy with Rev. For defect cores, Rec can automatically pull them from product records and populate them onto your PO.
To list all the ways Rev can assist with purchasing and inventory would take all day. A demo is a much faster way to learn what Rev can offer. Schedule your no-obligation test drive today!