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The Alexus Purchasing
module provides the capability to compute what to order, when to
order it, and how much. Forecasting methods are set, then order
points and economic order quantities (EOQ) are calculated. Part
line items are placed in the suggested reorder list based on the
calculations made and automatic purchase orders are prepared
subject to approval. During a suggested order computation cycle,
the following actions occur in the purchasing management system:
- The part reorder
level is compared to the quantity on hand. If the reorder
level is below the quantity on hand:
 | The item is
placed in the reorder list (suggested order) |
| The item is
flagged as "pending order" in the stock
table |
| The item is
checked in the stock file to determine if it is
flagged for "automatic reorder" |
| EOQ is calculated
for the item to determine the quantity to be ordered |
| Automatic
purchase order is generated for that item |
| Purchase Orders
and Inventory Management are synchronized |
- The suggested reorder
list is reviewed to finalize items to be processed as
purchase orders. If the suggested order list is approved
then the following actions occur:
| Create a Purchase
Order |
| Calculate and
display the EOQ |
| Transfer the line
item to a purchase order |
| The item is
flagged in the system as "ordered" |
| The quantity on
order field of the stock table is incremented by the
quantity ordered |
In addition to Suggested
Purchase Orders, Alexus Purchasing module supports manual entry of Purchase
Orders for Inventory and Non-Inventory Items. A comprehensive Purchase History
feature enables you to report and analyze purchases in infinite detail. Purchase
History analysis features include:
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Price Comparison by
Vendor and Item Purchased |
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Top 25% Items
Purchased |
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Purchase Frequency |
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Lead-Time Analysis |
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Back Order Analysis |
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