Supplier orders

What is meant by Supplier orders?

The term "supplier orders" refers to the process of ordering goods or services from a supplier. This process includes creating, managing, and tracking orders sent to external suppliers to procure necessary materials or services for the company.

Typical software functions in the area of "supplier orders" include:

1. Purchase Request: Creating and managing purchase requests to document the need for goods or services.
2. Order Processing: Creating and tracking orders, including sending orders to suppliers and monitoring the order status.
3. Supplier Selection: Choosing and evaluating suppliers based on price, quality, and delivery capability.
4. Order Tracking: Monitoring the order status, including shipping, delivery, and any issues that may arise.
5. Goods Receipt: Recording and verifying received goods or services, including confirming the receipt of items.
6. Invoice Matching: Matching supplier invoices with orders and goods receipts to ensure correct billing.
7. Reporting: Generating reports on order processes, delivery times, and order statistics.