Managing purchasing is becoming critical these days. Without an efficient process in place, you cannot grow your brand. Follow the blog on Purchase Order Management to know more.

2.  Generating Barcode for products is one of the primary things which
brands do in-order to track their inventory.
 EasyEcom helps you in generating barcode and barcode labels,
and also stores all the necessary information.
 This usually helps the product to have a unique identity.

3.  Inventory serialization helps keep track of individual units using
unique serial numbers. Expensive items such as jewelry, mobile
phones, laptops etc need more detailed tracking to ensure
no inventory shrink.
 It is mainly a system generated unique serial number assigned to
each item during the inwarding process. EasyEcom platform
supports this feature in its enterprise edition.

4.  Create, manage and track your vendor list from a single platform. With
the help of EasyEcom PO system, handle multiple vendors for the
same item along with their pricing structure. This is to make sure you
receive your products at the best possible price.

5.  If you deal in more than one currency and purchase product from
suppliers in other countries then, EasyEcom helps you create the
purchase order for international suppliers in their currency.

6.  Most companies usually require a staging system to handle
purchasing. Purchase plan is usually made by the warehouse team
and the finance department approves it. Any system should be able
to handle that.
 In EasyEcom, the approval process can be configured before
submitting it to the vendor. After you create a PO successfully, you
will be asked to approve the created PO wherein you can check if
the right quantity of product is going to the right vendor.

7.  Quality Check at in-warding is like inspecting incoming products. For e.g.
you ordered 100 quantities of a water bottle. While in-warding, you do the
QC of these bottles where you verify if any of the bottles are damaged or
has a missing cap (suppose 10). The data is then being captured by the
EasyEcom system and later you deal with your vendor for damaged
bottles.
 The vendor either refunds the amount of those 10 bottles or send you extra
10 quantities in your next order.

8.  The concept followed here is FEFO, that is the products with early
expiration will be sold first. It is useful for food & pharma companies
dealing with the products having a strict shelf life.
 So to stay stocked up with fresh products in your inventory, EasyEcom
helps you keep a track of products nearing their expiry dates. By updating
expiry dates during the in-warding process, the system allows you to apply
FEFO on these products.

9.  With not being aware of quantities to purchase for future sale,
the inventory forecasting feature with EasyEcom will suggest you
the quantities you should purchase based on your past sale.
 For e.g. The system will provide you with the suggested quantities
to fill your inventory based on the previous monthly average daily
sale or previous season sale. In addition to that, the time taken by
the vendor for delivery will also be calculated and factored in.

10.  Tracking incoming shipments is equally important in the procurement
process. As the products move out of vendors location, until it reaches the
buyer, there are plenty of things that can go wrong. Especially when there
is no contact or update provided on delivery, it can create complications for
the sales team.
 EasyEcom tracks the tracking number for the incoming shipment and
provides options to update the status as the items move along.

11.  Receive system generated notifications on your personal device
once a product reaches its reorder point and stay updated with your
inventory in order to avoid losing on sales. Here, the sales teams
will be made aware by the alerts based on the reorder points for the
given SKUs.

12. Easy integration with Magento,
Woo-Commerce, Shopify, Amazon etc…
Follow the link to learn more on managing
Purchase Orders.