The goal of purchasing is to acquire necessary goods and services with acceptable quality at the best price with on-time delivery. In order to avoid overstocking, minimize emergency procurement and control cost, purchasing manager need to be able to source items and services quickly and easily and prevent buying items that are already in stock. TabWare, AssetPoint’s comprehensive CMMS / EAM solution, provides Purchase Management that streamlines procurement, enforces spend controls and is ideal for companies whose success depends on the performance of their assets.
TabWare Purchase Management software:
- Reduces the time it takes to make a purchase from requisition and approval to PO issue
- Gives you visibility into your spend with the ability to write custom queries
- Tracks information for supplier performance analysis
- Reduces maverick spend by forcing purchases using your negotiated pricing
- Helps procurement specialists manage their backlog of order requests from a single window
- Keeps purchasing in line with business objectives through visibility and controls
- Provides comprehensive audit trails
- Supports centralized and/or distributed buying models
- Monitors deliveries and alerts buyers to late deliveries
- Integrates with TabWare’s spare parts inventory management software to streamline replenishment
- Improves vendor invoice processing efficiency and ensures accurate discounts
TabWare Purchase Management is part of an integrated CMMS / EAM solution that manages your procurement needs in order to maximize asset performance. The information provided by TabWare will help your organization streamline and improve your purchasing operations while being easy to learn and easy to use.