- Demand Planning
- Just-in-time Inventory
- Inventory Locations
- FEFO Inventory
- Lot Control
- Lot Tracking
- Supply Chain
- Vendor Portal
- Unit of Measure Conversion
Optimize your procurement process for cost certainty with workflow driven approval routings
Purchasing can be a time-consuming and inefficient ordeal, especially when requests for goods and services have to be processed manually using a combination of phone calls, emails, paper catalogs and faxes. Crafted ERP's procurement solution helps companies buy goods and services at the best cost and in a timely manner by saving employees' valuable time with easy-to-use capabilities, reducing costs by channeling purchases to approved suppliers and pre-negotiated contracts, and improving visibility by rendering real-time information into company spend and vendor performance.
Crafted ERP also streamlines and improves the accuracy of the procure-to-pay process by automating and linking key procurement transactions and providing approval and matching workflows to support internal controls and compliance requirements.
Easily manage the creation and maintenance of purchase orders throughout your supply chain
Creating and managing vendors, purchase orders, receipts and all other relevant transactions is one of the simplest, yet comprehensive aspects of the system. Vendors can be established and shared across all subsidiaries in your system to get a truly global view of your relationship. The Order Items screen is the main place a user will go to monitor the list of orders that needs to be placed whether they are generated as a result of the supply planning process, blanket po’s or reacting to re-order point parameters. In all cases if there is a purchasing contract in place that pricing will be automatically applied.
Define, monitor, maintain and automatically apply Purchase Contracts with your vendors
Negotiating price and supply agreements with your vendors is a critical piece of your overall procurement strategy and Crafted ERP handles both of these natively. Improve buyer efficiency and accuracy and potentially reduce procurement spending by using blanket purchase orders that define a pre-determined price for a set quantity of items you will buy from a vendor during a time period. The Purchase Contracts feature enables purchasing managers and buyers to use contracted terms, pricing, and delivery schedules when purchasing materials so buyers can automatically take advantage of quantity-based terms and discounts based on an annual volume of goods or services purchased.
Ensure compliance with company policy and department budgets with configurable workflow approvals
Crafted ERP offers two approval processes out-of-the-box. The first is a simple approval process based on a dollar amount assigned to the employee. For more advanced approval processes, we utilize the workflow approval routings that come with example workflows to get you going. These workflows can be easily modified to take into consideration such things as department budgets, location, item type or project you are purchasing against. The graphical nature of the workflow tool makes it easy to create, monitor and maintain.