It is the routine of things that retail business must constantly replenish stock. All business will order products for a vast variety of reasons. This dialogue provides an easy route to creating a new order to replenish depleting stock and ordering other products.
Location: Supply Chain Manager, Products
Overview
The products and supplier must be well defined before this dialogue can be used.
When this dialogue is used, it will list all the products given by the supplier of the product that was selected in Supply Chain Manager. Business Administrator alerts you to low stock levels by showing those products in red. You simply enter new values to state the amount of each item you want to order. Consumables also have a stock bandwidth: for most consumables, it is often already too late to order when their stock has depleted.
As you enter values into the dialogue, and Business Administrator thinks they are of sufficient quantity, then the items will turn green, to say that Business Administrator agrees with you. You don’t have to take Business Administrator’s advice: Business Administrator will accept any positive number you enter, but items may stay red. The red items are simply Business Administrator way of saying it thinks the stock is still too low.
Also, don’t forget to add the buy price. When submitting orders you ought to propose the buy price: it’s the statement that you are willing to buy products at a certain price, and that the supplier should not charge a price above it. For each item that you order, enter the price you intend to buy it at.
To Business Administrator, discounts aren’t that important. What Business Administrator sees as important is the profit margins you make, and it will focus on keeping these as high as possible that still allows trade. If trade starts to fail, then Business Administrator will recommend lower sell prices.
Also, don’t forget to check the consumer tax application for each product that’s being ordered and ensure that it is being applied properly.
When complete, you could click Submit the Order in Ways Forward to submit the order to the supplier, or Update and Close to save the order, whence it will become a posting order. You can still develop a posting order, and submit it to the supplier at a later time.