Procurement Management

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Procurement Management Extension
 enhances your Magento 2 back-end with functions that to help manage the resupplying process. No more Excel spreadsheets or emails needed to prepare your purchase order. 

Quick Overview 

• Easy resupply in 3 clicks
• Restocking function
• Multiple providers, multiple sites (stores)
• Real-time stocking upon delivery. Supports barcode scanners

User cases

In the Logistic Center, stock levels are constantly being increased or decreased. When performed manually, these tasks are time-consuming and can result in stock errors.

Supplier deliveries can arrive when the warehouse is experiencing a rush. Adding the newly received products can take a lot of time when you have to manually select the product in your Magento 2 back-end and apply the quantity received. Errors are prevalent with this method.

Add a barcode scanner to the process to save precious time and eliminate errors. The Barcode Inventory extension for Magento 2 will allow you to pick up and scan any product, straight from the delivery truck. The system automatically identifies the product and increases the stock quantity by 1 unit. Simply re-scan the product for every unit in the delivery.

Detailed Features

Discover Procurement Management’s exclusive features directly from the Magento 2 Vertical Menu:

• Create, Edit, Manage a Supplier
• Match and assign a product from the catalog to a supplier. A single product can also be assigned to several suppliers.
• View product price from each supplier
• Create, Edit and send (PDF) a purchase order. Track supply orders from creation to delivery
• Manage supply needs for pending customer orders (Backorders), out-of-stock products, and Low-stock alerts that need restocking

Procurement Management is comprehensive purchase management solution fully integrated with Magento 2.

Supplier Management

Procurement management allows you to integrate your entire supplier list within Magento 2. Create and edit your supplier list with all necessary contact information to streamline communication directly from your Magento 2 back-end.

Procurement Management is aware of the needs of the manager or the buyer administrating the Magento 2 website. It takes into account minimum order quantity, shipping methods and supply delays. 

International Purchase Orders are possible with the multi-currency manager. Update import duties, tax or VAT easily.
Consolidated supplier view provides your order status or order history at a glance.

Supplier Catalog

The Supply function is essential for e-merchants. Generally, if you want to sell a product efficiently, it should be in stock.

The extension allows you to assign each product to a single supplier or to several suppliers simultaneously. The multiple Supplier function makes it possible to instantly compare product prices and availability across several different suppliers.

Supplier Management also supports multiple supplier references (SKU) for a single product in order to simplify communication with your suppliers. Each Purchase Order is then sent with the corresponding supplier SKU to avoid confusion.

Replenishment

Reliable stock management has an undeniable impact on the success of your business. In most cases, an out-of-stock product cannot be sold and overstock can lead to significant profit loss. 

Procurement Management optimizes stock levels with the advanced stock alerts function. The system alerts when your stock level has reached a critical minimum, or when an order has been received for an out-of-stock product.

The product supply screen shows a complete view of all relevant information for any given product: Available stock, Pending Orders for out-of-stock products and Low Stock Alert. 

Extra feature: Supplier prices are listed automatically for each product, an easy-price comparison tool for the next purchase order.

Supply Orders

The supply order management tool integrates every step of the supplying process: 
Quotes > Purchase order creation > Purchase order confirmation > Supplier billing.

It only takes one click to create a new purchase order from the resupply center. Specify the Magento 2 website concerned (online store), select the supplier and update the delivery date.

The order status bar allows you to track the purchase orders using the predefined status updates: 

Submitted / Awaiting Provider Confirmation, Awaiting reception, Order closed.

A copy of the purchase order can be sent in PDF format to the supplier via email in one click directly from Magento 2.
Using barcode scanners will save you a lot of time upon reception of your purchase orders. Delivery errors, incorrect quantities and incorrect product references are thus identified instantly.

The order completion function allows you to insert or modify important accounting information such as currency, changes in purchase price, shipping costs and taxes.

Discover Embedded ERP Suite

Procurement Management is a component of the Embedded ERP Suite. Since 2008, BoostMyShop has been editing this popular software for Magento CMS to simplify your Back Office Management.

This Magento-dedicated ERP was first released in 2008. Since then, over 4,000 merchants using Magento CMS across the globe have benefited from an efficient automation of their Purchases, optimized stock management and faster order preparation.

Resources

• Open Source
• 15 days Money Back
• Free Online Support
• 1 time Subscription
• Custom Development
• Professional Installation Service
• Training
• Live Chat

Useful links

• Documentation: https://help.boostmyshop.com/portal/en/kb/myextensions/magento2
• Demo: https://extensions.boostmyshop.com/magento-2-extension/procurement.html