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Managing the purchasing process with accuracy largely determines a retailer’s ability to profitable sell its products. Monsoon Stone Edge automates your demand planning, requisition, and purchasing process to optimize your in-stock position, buying power, production resources, and inventory.
Stores and manages information about each vendor used by the organization and automatically creates and updates vendor procurement schedules based on user-defined order policies, costing triggers and purchasing rules.
Automatically generate purchase orders based on user-defined reorder points or reorder quantities or by restocking based on quantity desired based on sales volumes within specific time periods.
Manage all sourcing, payment and order reconciliation requirements with direct stock orders, drop shipments, special non-stock orders, temporary products and temporary vendors using one-time, blanket or recurring purchase orders.
Improves control over vendor performance with tools to track vendor and item lead times as well as to comment by vendor, purchase order or item.
"Purchasing" is part of the Monsoon Stone Edge line of products, developed by Monsoon Commerce.