Introducing PolyPM’s Forecast Purchasing Product
Manage your acquisition of high lead time materials—such as fabrics—with confidence. Our solution forecasts material demand based on current customer orders and forecasts, enabling you to generate forecast purchase orders that align with vendor capacities.
Product Overview:
Based on your data inputs, the PolyPM Forecast Purchasing Product is designed to revolutionize your procurement process by:
- Accurately Forecasting Demand: Analyze customer orders and forecasts to predict material needs over time.
- Managing Vendor Capacity: Ensure vendor purchase orders are aligned with production capabilities and capacity limits.
- Highlighting Key Metrics: Use intuitive weekly and monthly grids that display material demand, vendor orders, and capacity—with color-coded alerts for potential issues.
- Simplifying Order Processing: Seamlessly convert forecasted purchase orders into actual orders, with a clear audit trail and historical reporting.
Key Features:
- Dynamic Forecasting: Automatically compute forecast demand once per day (or on demand), ensuring you always have up-to-date information.
- Integrated Reporting: Visual grids display forecast details, recommended purchase quantities, and inventory projections for rapid decision-making.
- User-Friendly Setup: Easily configure vendor processes, active vendor capacity, and material settings via simple menus.
- Flexibility in Purchasing: Manually adjust or automatically generate purchase orders to best suit your operational needs.
Why Choose PolyPM?
- Streamline your procurement process and reduce manual errors.
- Prevent material shortages and avoid over-ordering.
- Enhance supply chain reliability with real-time demand and capacity insights.
Get Started Today!
Upgrade your ERP system with PolyPM Forecast Purchasing Product. Contact our team for a personalized demo and see how you can optimize your material acquisition strategy.
