How to keep Purchase Orders simple, efficient & error-free
May 27, 2018
Why you should use purchase orders
- All the items you wish to purchase
- The cost of each item
- The quantity you require of each item
- And all the essential logistical details
The best thing about purchase orders is that they are a simple, effective way to detail everything required. All agreed prices are listed, and they are legally binding. That means you can agree a price with a supplier ahead of ordering, and your supplier must then stick with that price. It ensures you can plan ahead with your stock ordering and manage your cash flow effectively, because you know exactly how much each order is going to cost you.
Purchase orders allow you to set scheduled order and delivery times too, so if you’re organised, you can make sure that you have a regular supply of new stock. This is especially good for those items which fly off the shelves at all times. And of course, purchase orders just keep everything down on paper, in a financial record – essential for your accounting and business procedures.
The problems with manual purchase orders
Automate and streamline your purchase orders
We display all your inventory on the screen in front of you, in real time. You can see how many items you have left in stock for each product, so you’ll know if you need to re-order soon or not. Simply:
- Navigate to the purchase orders menu option
- Search for the products you need or scroll down through your list
- See how many you have left available, and then select the quantity you want to add to your PO
- Download your completed purchase order and send to your supplier
All the items and quantities you need to re-order are added automatically to your purchase order, so all you have to do is download and send. You can easily check the completed purchase order before you send, and by adding items and quantities from a single place, you’re minimizing the potential for miscounting, over-ordering or missing a product!
Use purchase orders to quickly book stock in
Better still, we save all your purchase orders in your ChannelGrabber account so that you can return to them anytime. So if you need to place the same order again, on a regular basis, it’s right there. You can also use your purchase order to book stock in quickly and efficiently. Again, this saves valuable time and prevents the possibility of incorrect numbers being added to your inventory.
All you need to do is select the purchase order number when your supplier has sent the stock through. After this, click complete. ChannelGrabber automatically adds all the new stock to your existing levels. Besides this, it updates stock listings across all your channels (if you have the function selected). Even if your supplier hasn’t set all the items you ordered, you can quickly amend the quantities for missing products, and still book the rest of your order in. It’s a quick, efficient and error free way to use purchase orders to re-order stock for your eCommerce business. See our step by step guide to using purchase orders in ChannelGrabber.