Purchase Order Management Software
Follow an efficient Inventory procurement process with custom purchase order management software to effortlessly manage purchase orders, suppliers, stock levels, and more.
Purchase Order Management Software
The primary consideration of online businesses is how they source their products. From placing the purchase order with the supplier to receiving customer orders to order fulfillment, the entire process needs a streamlined approach. While dealing with an enormous inventory stock, accurate execution of the purchase order process is challenging, and PO management software helps businesses with streamlined and precise restocking.
On a large scale, managing multiple suppliers in the loop requires dedicated efforts and an advanced software system. Purchase order & supplier management software helps sellers optimize restocking operations, saves time, and reduces error margin.
Restock Faster with Purchase Order Management Software
With the right software tool, there will be no more delays in the restocking process. With these advanced features, you can optimize end-to-end purchase order process workflows.
Auto PO Generation
With real-time inventory sync, the software creates auto PO reports based on the threshold inventory levels, lead time, market demand, order frequency, and more. For different products and conditions, sellers can set restocking formulas and custom rules for replenishment as per product demand and supply ratio.
Invoicing & Document Management
Never miss any financial updates with your suppliers. keep track of all invoices, consignment notes, pro farma invoices, RFQs, RFIs, Contrats, bills of lading, or any issued reimbursement and more. All purchase-related invoices and billing documents can be managed efficiently in one place without missing any financial and contractual information.
PO Approval
Sellers can create the required hierarchy to approve the auto PO list. The manual verification allows the seller to add suggested products, delete the products, and segregate the PO list for different suppliers based on price comparison and stock availability at the suppliers’ end.
Order & Inventory Tracking
Get clarity for the stock levels and order updates for accurate PO creation. This feature helps avoid the situations of overstocking and stockouts. By reviewing the inventory flow and order frequency, sellers can identify the fast-moving or slow-moving inventory for accurate PO creation.
Looking to achieve a systematic restocking process? Get a custom PO and supplier management software.
Improved Supplier Collaboration for eCommerce Success
Managing product sourcing is another significant consideration for eCommerce sellers. A seamless supply chain flow enables sellers to avoid situations like out-of-stock, missing demand opportunities, or order delays due to product unavailability with timely inventory restocking.
Here is the list of top supplier management features for all operations concerning systematic supplier management including easy product list sharing, product selection, RFQs, pricing comparison, tracking the shipment status, and more.
Centralized Supplier Dashboard
No more scattered management efforts, manage all supplier details in one place for easy comparison. Add or delete suppliers, update supplier details, and more.
Supplier Portal Integration
Never miss any updates from the supplier side in terms of pricing updates, product manufacturing cycles, new product categories, and more.
Supplier Catalog Update
This allows sellers to stay updated about any new product listing, discontinuation for any specific product category, changes in transportation fees and norms, and more.
Shipment Tracking
As soon as the supplier ships the consignment, he can update the tracking details to the system using his limited access allowing sellers to stay informed about the delivery time of the shipment.
Container Onboarding
The software allows the seller and supplier to concur to verify the sent and received shipments through label and barcode scanning. Everything is updated on the software so suppliers and sellers can check for discrepancies.
Catalog Sharing & RFQs
For accurate and cost-effective restocking, the software includes everything from managing supplier data to catalog sharing to RFQs and comparing various metrics for purchase orders including delivery time, pricing, bulk supply availability, and more.
Not Just Manage but Optimize Inventory PO Process
No Stock-Outs
Better Supplier Collaboration
Cost Control
Higher Efficiency
Avoid PO Approval Delays
Demand-Driven Purchasing
Business Specific, Custom Formula-Based PO Generation
Automation plays an important role in purchase order management to help streamline processes and improve business efficiency. For PO generation precise calculation of the inventory, demand, supply, and manufacturing time, possible delays, everything is important. For accurate automated PO generation, implementing custom demand-based formulas is important.
Custom formulas consider businesses’ specific requirements for PO generation including inventory quantity, pricing comparisons, taxes, and discounts. Predefined rules remove the occurrence of any costly errors as they integrate product-sourcing policies, supplier agreements, inventory thresholds, etc.
eSellerHub: Your Partner for Excellence
We have been in the business for over 12+ years, helping eCommerce sellers put their best foot forward in the eCommerce domain. With an adept team of developers with core expertise in eCommerce management software development, we have helped many businesses with custom software solutions aligning with their business needs.
Our tech-savvy developers are well-versed in dealing with the complexities of eCommerce software development. If you are looking to hire developers to build a custom purchase order and supplier management software tool for your business, you are at the right place.
01
Security At It’s Best
With a deep understanding of eCommerce marketplaces, our developers create solutions to avoid every loophole that may become a data breach for your business. Secure and reliable software development will benefit your business in many ways.
02
Business Specific Customization
Our team understands every gritty detail about your eCommerce business and implements a solution accordingly that addresses your specific challenges and needs. We deliver customized services to our customers depending on their unique needs.
03
End-to-End Support
With a diversified skill set and a firm hand in eCommerce software development services, our developers aim to deliver end-to-end support to our clients through transparent communication and an agile problem-solving approach.
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Frequently Asked Questions
1. What is purchase order management software?
It’s a tool that streamlines your inventory procurement process-automating POs, tracking supplier data, and ensuring timely restocking without manual errors.
2. How does it automate PO creation?
It auto-generates purchase orders based on inventory thresholds, lead times, demand forecasts, and custom restocking formulas tailored to your business.
3. Does it integrate with inventory and accounting platforms?
Yes. The software syncs with systems like QuickBooks, NetSuite, or your custom ERP to maintain inventory and financial accuracy across teams.
4. Does it support PO approval workflows?
Yes. The software lets you verify auto-generated POs, apply approval rules, and organize orders by supplier or pricing to match your internal processes.
5. Can I track the status of my purchase orders in real time?
Yes. The software provides real-time PO tracking-letting you monitor order status, supplier confirmations, expected delivery dates, and receiving status from a single dashboard.
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