eXensys Industry Retail Solution’s eXensys Procurement allows retailers to integrate supply activities across enterprise functions and helps procurement to become a business-critical activity. Further it delivers significant cost savings by improving efficiencies through streamlining of demand consolidation, supply planning and order processing processes. It offers a tried and tested budget/limit system for purchase planning and control based on demand. Purchasing based on demand, product management throughout the company and an increased rate of stock turnover - all go towards providing the essentials for remaining competitive. This competitive edge enables the users to attain the growth they are aiming for.

 

 

  Supports centralized, semi-centralized and decentralized purchase environments

  Purchase order is based on inventory replenishment planning parameters, customer back

   orders and user department needs

  Customer back orders by commissioning PO

  Multi-location requesting, ordering and receiving

  Order management, credit management

  Landed cost calculation

  Multi-level authorization for all purchase transactions

  Internal demand classification and consolidation for supply planning

 

 

  A 360 degree turnaround from manual execution of processes to process automation

   leading to reduced operating costs

  Reduction of order lead time results in increased productivity and profitability

  Enhanced decision-making

  Process improvements driven by the implementation of industry best standards

  Improves purchasing power and simplifies expense allocation

  Increased co-ordination, communication and collaboration with suppliers

  Supplier performance evaluation

  Reduced ordering and inventory cost through inventory optimization and supply planning

  Reduced procurement lead time through electronic ordering and purchase order tracking

  Increase in profit margins due to lower procurement ordering costs

 

 

  Allows end users to create requisitions from any location

  Dashboards on vendor performance analysis to monitor on-time delivery & product quality

  Quick reports to access information for facilitating more informed decisions and

   negotiating  better vendor contracts � Maintains a purchase history file of products by

   vendors

  Vendor price lists definitions

  Order classification into - collective order, block order, miscellaneous order and release

   order

  Order cancellation, force closure and amendment options

  Goods in with purchase order

  Goods in without purchase order

  Four-way invoice matching

  Fashion orders to place orders at a fashion show

  Tracking of purchase order through statuses as planned, ordered, delivered, booked and

   cancelled

  Facilitates allocation criteria within purchase orders

  Ability to attain the costs and dates by the supplier

 

 

  Vendor definition and classification

  Supplier item group definition

  Supplier performance measurement

  Requirement consolidation

  Vendors general agreement (contract)

  Order processing

  Release orders based on workflow

  Goods-in-receipts

  Invoices and payment adjustments

  Purchase order automated on re-order / replenishment planning

  Purchase returns