No more guessing when to purchase material. Automatically trigger POs based on upcoming schedule and vendor lead times.
Anticipating peaks/valleys in demand can help you stay ahead of customer orders. Not having available inventory can set your project behind schedule before production has even begun. Using intelligent pattern recognition and trend analysis to predict periods of high demand ensures your business is taking a proactive approach to purchasing.
Generating a purchase order through the same system that you’re receiving material allows you to tie material directly to a job or order number. Understand how much material is on-hand, allocated, and available to improve your purchasing decisions.
When multiple people have permission to create and submit purchase orders, inventory levels can unexpectedly fluctuate. Ensuring that your business has a form of checks & balances, permissions, and quantity thresholds gives you the ability to regain control on your inventory.
Trouble determining when to purchase material?
When working with blanket orders, or orders placed weeks/months in advance, it can be difficult to understand when to purchase the material required. Fulcrum tracks vendor lead times and generates notifications during optimal purchasing periods to facilitate on-time deliveries while minimizing raw material inventory.
What vendor should I use?
Orders coming in at the last minute is common in the industry, and we don’t always have the inventory on hand to accommodate all requests. Fulcrum tracks approved vendor lists, and stores vendor information, to include actual lead times and pricing, to assist purchasing managers in their decision-making.
Don't know how much to buy?
For manufacturers managing inventory using kanban levels, Fulcrum understands minimum inventory thresholds (safety stock), and automatically sends notifications when material dips below this amount. Using historical trends and forecasting, Fulcrum can suggest how much material should be ordered from preferred vendors.
Pricing always volatile?
Trade wars, tariffs, and other external factors affect pricing. Pricing can be very volatile, and Fulcrum helps you take advantage of favorable prices by using charts/graphs to reflect current vs. historical pricing.