How to improve purchasing department productivity
in 3 minutes
I. Purchasing Task Management: Strategy in Action with CentriQS software
Why Purchasing Management is so important
Purchasing management is no longer seen as 'just a part' of logistics or marketing, but as a strategic factor in the entire organization. According to the recent research production companies purchase nowadays approximately 70% of their turnover, service companies purchase approximately 40% of their turnover. While many companies understand the importance of purchasing and its strategic impact on the whole organization, purchasing process still requires a more intensive management approach.
CentriQS, a kind of customizable business management software, lets managers and employees from procurement divisions focus on developing effective strategies, solving current issues, managing tasks, monitoring relationships with suppliers, and do other activities of purchase management. For example, CentriQS lets you use the Supplier view to monitor the suppliers by Countries, Product, Price, Delivery Time, and other parameters.
Actual Purchasing Management Problems
In many companies and organizations, the purchasing process goes hand in hand with mounds of paperwork, faxes and even handwritten ordering sheets. Managers waste a lot of time on data searching and transmitting, status meetings, reminding each other about important tasks, personal conversations for delegating tasks to employees and controlling them, manually creating reports, etc.
CentriQS addresses these challenges by providing purchasing professionals with the ability to organize the purchase process in a single database file. The employees can access the database to manage their tasks, appointments, and projects, to monitor invoices, payments, and orders, and to do other things that simplify their job in the purchasing division. Moreover, they can create a single department-wide dashboard for monitoring all the activities from one screen
II. Effective Purchasing Management Solutions with VIP Task Manager software
Purchasing Task Management Software
Purchasing project and task management software provides you with a centralized purchasing data management system, a connecting-link between purchasing strategy and purchasing tactics. It allows you to avoid not only a lot of paperwork and redundancy but, what's more, you will be more efficient at managing the purchasing process that consists of 3 main stages: