Procurement Planning: What to Buy, When to Buy & From Where
On a daily basis planners are faced with making sure supply is available when product is needed. Simple, right? Not exactly. Planners are tasked not only with making sure the product is available when needed, but also keeping supply costs and inventory as low as possible. Then, depending on the complexity of the supply chain, other operational constraints such as lead time, minimum orders, lot sizes, storage, and shipping / receiving schedules also need to be considered.
Understanding that product cost plus supply chain costs (transportation and storage) represent 70-80% of the cost of goods sold, much of the company’s margin is directly related to the volumes in the supply plan.
We can immediately see that the stakes are high.
Planners need efficient tools to help them manage these daily decisions.
Advantages of Procurement Planning for Optimizing Your Supply
QAD DynaSys Procurement Planning allows planners to build an optimal supply plan accounting for all constraints - efficiently and collaboratively. Procurement Planning main advantages include:
- Control tower to visualize the daily tasks
- Alerts to deal with emergencies coming from anomalies
- Graphical tools to visualize the supply plan
- Contract management tools to deal with delivery calls
- Validation functions to generate purchasing orders to the ERP
QAD DynaSys Procurement Planning is available as a standalone solution or as part of the integrated end-to-end QAD DynaSys Demand and Supply Chain Planning (DSCP) solution. Discover what else our software can do: Demand Planning, Distribution Planning, Production Planning, Sales & Operations Planning.
- Supplier’s Calendars
- Requirements Calculator
- Order Size Constraints
- Look Ahead Logic
- And more...
- Reduced Material Costs
- Reduced Transportation Costs
- Reduced Ordering Costs
- Improve customer satisfaction
- Reduce Supply Chain Risk
- And more...
Procurement Planning Resources
Procurement Planning Customers
BUT is a French brand of retail stores specialized in home goods, including furniture, large and small appliances, and consumer electronics.
A chocolate specialist since 1814, integrates the chocolate maker's profession from the transformation of the cacao bean to finished products
Hutchinson is a global leader in vibration control, fluid management and sealing technologies. The Group stands out by offering a wide range of expertises in a variety of markets.
"QAD DynaSys was the only software vendor able to commit both functional coverage, and above all, to implementation time.”
Renaud Pauquet, Inventory and Procurement Manager for France, RAJA
Contact our highly trained experts to get more information about procurement planning.