Benefit of Seeing Pending Purchase Order Report — DAILY

Benefit of Seeing Pending Purchase Order Report — DAILY


Pending Purchase order Register – YTD

  1. Is this Pending PO Report, being circulated to the managers and management by Email Daily ?, or
  2. Do you give a Printout, of this to Management Weekly ?

As per Finsys SOP’s ( Standard Operating Procedures), this is highly Recommended ( Almost compulsory).

Why ? See the benefits below.


100% Purchase orders will be ENTERED, and in TIME … Nothing will be ordered “Orally”, or “modified orally”

Correct PO position


Correct PO position, leads to

A) Better Purchase Planning …
B) Don’t miss any Production schedule, due to shortage
C) Avoid Excess Stocks, Avoid Shortages
D) Don’t forget followup of any Purchase orders, especially small ones

Towards a Stronger Country, Towards a Stronger India

* No Purchase order will be duplicate… since mgmt. will see / get it rectified
* No Purchase order will be incomplete…( 9 rows out of 10 entered…. since mgmt. will see / get it rectified
* No Purchase order will be Missing… same…
* Short closing of Purchase orders will be done regularly….. Suppose  Purchase order was 15000 kg, Vendor sent shipment of 14924 kg, … only 76 kg left… this is not be shipped usually, so, mgmt. will get this closed

so,

Correct PO position

+ Better Vendor Followup


100% MRR ( Material Receipt Report ) / GRN / SRV will be made,

* No MRR will be Duplicate… since mgmt. will see / get it rectified
* No MRR will be incomplete…( 9 rows out of 10 entered) …. since mgmt. will see / get it rectified
* No MRR will be made late… since.. pending PO will highlight that,.. and people will come know, that they must make MRR in time,


And thus we Create a Stronger Industry. A Stronger Economy. And, A Stronger India

Come make your company more Efficient, More Economical, More Powerful, More System Driven, More Effective

Use Finsys ERP Properly


Similarly, There are about 50+ such Reports, we have shown on the link below. Each Report is similarly, very powerful, very important.

We suggest you that you must use them .

Make your Business Better and Better

For a Youtube video on this topic, see the video below


Best MIS Reports in Finsys ERP – for Management Meeting

Watch this for more details, of why this is required to be a part of DNA in your company