Purchasing

Streamline and automate your purchasing processes while enforcing pricing terms to ensure a steady flow of materials

  • Boost purchasing efficiency and productivity
  • Minimize material shortages
  • Improve supplier performance
  • Mitigate supply risks

Key Challenges

  • Cost-cutting pressure - Your team is under pressure to cut costs, eliminate non-value-added activities and focus on continuous purchasing process improvements

  • Ineffective collaboration - A lack of coordination and communication with internal stakeholders and suppliers results in increased risk and business disruption for your organization

  • Complex and manual processes - Relying on manual communication methods increases purchasing cycle times, burdens your buyers and increases the likelihood of NPI delays

Capabilities

  • Automation
    • QAD’s solution streamlines and manages the purchasing process throughout requisition entry, requisition approval, PO creation, PO approval, PO print, PO receipt and invoice payment.
  • Collaboration
    • Facilitate communication and coordination between your organization and suppliers while reducing error-prone, manual purchasing processes.

  • Exception management
    • Automatic alerts notify your buyers, planners or other stakeholders of any purchasing issues requiring immediate attention.
  • Performance measurement
    • Your team can track and report supplier performance against defined metrics and key indicators, enabling supplier management and constant monitoring about quality and performance.

Battery Manufacturer Streamlines Workload, Reduces Costs and Gains Efficiencies

QAD improves the purchasing process and provides anywhere, anytime approvals for POs and requisitions.

SMR Tracks and Measures the Purchasing Process

When it comes to purchasing management, performance monitoring is critical to operational success.

Further Information

Actionable Insights: Purchasing Inventory Effectiveness

Collaborative Supplier Relationships Mitigate Supply Risks

Automating Procurement and Supplier Relations to Alleviate ESG Concerns

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