SourceDay Purchase Order Management
If you’re in manufacturing or distribution, you understand how labor-intensive tracking and managing purchase orders can be, especially if you’re using spreadsheets. A single missed PO line can halt manufacturing, costing organizations millions in labor, machinery downtime, expedited shipping costs, and poor customer satisfaction. Keeping track of purchase orders and supplier documentation requires countless emails and phone calls, wasting precious hours that can be spent elsewhere.
Suppliers impact your entire business, yet the manual nature of most PO management makes it difficult to stay on top of past due, or poor quality materials. Using outdated and disjointed tools, there is no visibility into supplier on-time performance and responsiveness to PO acknowledgments and confirmations. Communicating supplier changes to your stakeholders can be a moving target.
This is no way to manage such a complex system of buyers and suppliers. There are too many opportunities for errors, missed deadlines, and unhappy customers. SourceDay changes all of that. In fact, SourceDay is turning PO management on its head through automation, finally giving companies a strategic, simple, and efficient way to collaborate and manage the most complicated part of their business.
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Automated Purchase Order System
SourceDay cloud-based purchase order management system extends the power of M2M or Intuitive Manufacturing Software, so you can effectively manage direct spend and buyer-supplier relationships in only a few clicks.
The SourceDocs module on SourceDay automates sharing and managing all types of documents with your suppliers. No matter how many suppliers you have, SourceDocs ensures your suppliers have the latest revision of manuals, prints, bill-of-materials, and specifications.
SourceDay offers customers the option to embed a quality control system into their scorecards, automating the process of material disposition due to specification errors. The system tracks the incoming inspection of materials, placing parts in a quality queue and flagging them for review.
Minimal IT Involvement
Short 2-6 hour integration to M2M or Intuitive Manufacturing Software systems with user onboarding, set-up, training.
Request for Quote
Build your RFQ in SourceDay, and we’ll send it automatically to your suppliers, tracking its status in one place every step of the way. Gain a unified view of every supplier on your list, who responded, their best offers and their scorecard rating, so you can make informed decisions without the manual effort.
SourceDay purchasing order management system includes a Supplier Scorecard that makes measuring supplier performance and communicating scores something you can actually implement. Our supplier scorecard keeps track of what matters most like supplier price variance, on-time delivery, quality and responsiveness.
SourceDay enables suppliers to complete a detailed ASN document, save it in our platform and automatically send it to buyers prior to shipment. As a buyer, ASN’s will inform you which POs and what materials are shipping, and your receiving department will be prepared to receive each shipment by knowing the exact arrival date size, weight and quantity of boxes and containers to expect.