Benefit of Seeing Pending Purchase Order Report — DAILY

Pending Purchase order Register – YTD

1.    Is this circulated to the 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 “Oral”

* No 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… since mgmt. will see / get it rectified

* 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 will be there

* 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

* Again, Correct PO position

Thus, the 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

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

Ideas Courtesy : Making Business Better, the Consulting and System Audit Arm of Finsys Infotech Limited