PRC Procurement

Make purchasing decisions with product history and vendor performance in view.

iM3 connects inventory thresholds, approvals, purchase orders, contracts and delivery history in one procurement workflow.

Capabilities

From replenishment signals to approved purchase orders.

Give procurement teams the operating data and controls they need to manage cost and cash flow.

Track minimum and maximum inventory levels for purchasing decisions.

Calculate average usage and lead time from product history.

Support hierarchical creation, review and approval of purchases.

Generate replenishment reports and purchase orders from reserves, min/max levels and usage.

Retain vendor contracts and quantity-based price breaks in the purchasing process.

Compare cost and performance among vendors supplying similar products.

Track short or long deliveries and actual lead times by vendor.

Model new customers, product lines and vendor price changes before committing.

Review inventory signals, approvals, vendor data and purchase-order generation with an implementation consultant.