Supply management

Automated purchases

Purchasing departments often have to deal with verification and approval procedures that require time and therefore unnecessary costs. Toolsguard solutions collect real-time consumption data from all company operations, creating accurate demand statistics. The software uses this information along with stock data and lead times to generate automatic purchase orders, eliminating manual steps.

The database gathers the stock information, the maximum and minimum order points programmed and customized, the delivery times and data of the suppliers, in this way Toolsguard can make intelligent decisions about when and how to place orders. The purchasing department has the option to allow the system to automatically formulate orders or review recommendations before authorizing purchase orders.

Toolsguard will:

    • Generate purchase orders as soon as the established minimum values are reached.

    • Reduce the administrative expenses generated by manual management of purchase orders.
    • Eliminate and avoid errors
    • Prevent stock damage due to delays in purchases.   
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    • Limit the number of expensive purchase orders.
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