Buy it, receive it, know what you need next.
Buy from your vendors, receive against what was ordered, and see what you will need next.
Buying
- RFQs: ask one or more vendors to quote a part before committing to a purchase order, and track what each one comes back with
- Purchase orders and receiving, with a record per vendor
- Repair orders for parts you send out: what is still out, what came back repaired or scrapped, and the vendor's charges
- Core return confirmations that go back to the vendor with the core, tied to the purchase order
Knowing what is next
- A reorder plan: parts that have run down to their warning level, grouped by the vendor you usually buy from
- Usage forecasts worked out from what your work orders actually pull: when each part is expected to run out, and a reorder suggestion that allows for the vendor's lead time (Growth and up)
- Reports on parts usage, vendors, costs, stock aging, quotes and budget (Growth and up)
Questions
- Can I compare vendor quotes?
- Yes. Send an RFQ to one or more vendors and track what each comes back with.
- What happens to a part I send out for repair?
- A repair order tracks what is still out, what came back repaired or scrapped, and the vendor's charges.
Keep reading
Try it with your own parts.
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