Your inventory is your most valuable asset. In hard-goods distribution, making a profit relies on the ability to balance inventory costs with customer service. In conjunction with Inventory Management, Eclipse Purchasing provides you with the necessary programs to control your inventory investments by using in-depth forecasting and product demand calculations to help you meet customer demand. For more information, see Suggested Purchase Orders Queue Principles and Guidelines and Creating and Managing Procurement Groups.
We provide task automation features to optimize your buying power. You can monitor your products as they sell so you can replenish your product supply in various branches and use buy lines to manage your product purchases. Also, we provide options to procure from branch to branch and manage surplus stock. You can manage transfers based on committed sales. For more information, see Creating and Managing Buy Lines and How Transfers Work.
The system helps you group your products so you can purchase them together and satisfy your vendors' requirements. You can also rank your products, which enables you to analyze sales-related data properly and run reports on your purchasing activities. For more information, see Product Ranking Information Uses.
You can calculate product demand using seasonal factors, raw hits, and multiple sales parameters. Exclude exceptional sales as needed, and compensate for lost sales or changing customer demand. You can create flexible procurement schemes for both distributive and centralized purchasing and warehousing that let you respond effectively to demand. For more information, see Customer Demand.
Purchasing helps you manage your inventory using variable methods such as economic order quantity (EOQ), Min/Max, Order Points, and Line Points. It also provides automatic stock and non-stock determination based on branch or network hits. Eclipse Purchasing balances buying opportunities with carrying costs using the suggested purchase order program to consider vendor targets, line buy discounts, and promotions. For more information, see Suggested Purchase Orders Queue Principles and Guidelines.
You can view inventory commitments and replenishment schedules in a future ledger and manage automatic transfers based on days supply, fulfillment requirements, and surplus inventory. Handle returned goods and warranties for products received from customers and vendors. For more information, see Returned Goods Queue, Returning Products, and Replenishing Child Branches.
Click here for a printable version of the Purchasing documentation.
See Also:
Creating and Using Purchase Orders
How the Minimum Order Cycle Works