These online software modules help with purchasing research. They are used by purchasing or procurement departments to help with research ranging from cost benchmarking to vendor analysis to lead time analysis.
Vendor Efficiency By: PanXpanEnter shipment data by vendor for a given product (order date, received date, quantity ordered and total cost). Then share this file with your team. Team members will be able to scroll through research comparing vendors on metrics including average cost per unit, average delivery time or average delivery quantity. More Info Demo Add to Account
For a given part/material, which vendor has the best delivery time?
Inventory Control By: PanXpanFor each of your products enter data on lead time, required service level, historic demand, open orders and existing inventory. Then share this file with your team. Team members will be able to scroll through research on recommended safety stock level, reorder point and order quantity for your products. More Info Demo Add to Account
How much inventory should I hold and when should I reorder?