Automated POs

Automate Your Purchasing

When you set up replenishment levels on inventory items in the warehouse SKUSavvy will help you estimate the quantity of inventory needed to bring your inventory levels back up to their ideal par values.

SKUSavvy uses the following inputs to determine inventory quantity to purchase:

• Min/max par values on inventory

• Lead time from your vendors (more accurate as you purchase using SKUSavvy)

• On-hand inventory value

• Committed inventory across open orders

• Expected incoming stock

• Sales volume averaged over time

Setup Inventory Par Values

To begin leveraging the smart replenishment feature, it's essential first to establish the minimum and maximum par values for your inventory in the warehouse. SKUSavvy utilizes these parameters to accurately gauge when stock replenishment is necessary.

Whenever a stock's level dips below its designated minimum par value — or if, considering various factors, it's projected to fall below this threshold by the end of the lead time — SKUSavvy will intelligently calculate the quantity of stock needed for purchase. This calculation is aimed at efficiently restoring your inventory to the predetermined maximum par value, ensuring optimal stock levels are maintained consistently.

Go to an inventory item to turn on automated replenishment and set par values

• 1) Turn on the automated replenishment

• 2) Set par values and view current inventory

• 3) Set a default lead time across all vendor

• 4) View system calculated lead time based on purchase order creation date and delivery date

Create Purchase Order

You must already have vendor/product relationships set up

Within the warehouse click on your 'Orders > Inbound' then click 'Create Purchase Order' to assemble an order. Select the vendor you want to purchase from and the products associated with that vendor will appear.

Add Replenishment Suggestions to PO

If you've set par values on your inventory adding replenishment suggestions is easy. Simply create the PO and turn on 'Replenishment Suggestions' to view the quantity appear in each item needing replenishment carried by the vendor.

1) Turn on replenishment suggestions for the PO
2) Set a date range to consider sales data for
3) Click 'Apply Suggestions' to have SKUSavvy autofill the quantities suggested into the PO

View Replenishment Ranges

SKUSavvy provides a visual of each inventory item containing min/max par value ranges. You can view this by going into your inventory > stock replenishment.