Plan & Prepare Purchases For The Next 6 - 12 Months.

Step 3: Purchase Planning

When it comes to purchase planning, hitting the sweet spot can be tricky. You don’t want to overstock. But on the flip side, you don’t ever want to risk running out of product. It’s a Goldilocks type of situation. You need your purchase planning process to be “just right”.

 

Ordering on time. Tracking low inventory levels. Dealing with unexpected supply chain disruptions. Maintaining factory and supplier relationships.

It’s a lot to handle. One wrong turn or missed restock can set off a perfect storm that can lead to lost profits, and even lost customers.  

 

What if you had a stock forecast every week – without having to run numbers? What if you had a 26-week buying window to protect against supply chain mishaps? What if you could seamlessly gain access to future forecasts that could be adjusted on demand?

 

You may not have a crystal ball, but GeniePSM is the next best thing. 

 

What Makes Us Different From All The Rest?

At GeniePSM, we see every last detail, in every selling channel, so that you can avoid the pitfalls caused by overstocking, understocking, and last-minute purchasing nightmares.

We make it easy to stay on top of your purchase planning, with a proactive approach that drives informed purchasing decisions to keep you in the black. An approach that ensures available stock to meet customer demands, yet perfectly balances management efficiency to prevent an inventory surplus and maximize available storage capacity.

And that 26-week buying window? Based on a combination of Stock + Sales Forecast Data, you’ll receive the Forecast Weekly Stock Levels, every week! In each report, we provide data for Forecast Sales, Forecast Arrivals, Planned Purchases, Forecast Stock Quantity, and Forecast Weeks To Go. All without any tedious number crunching on your part.

And you still have the final say on every purchasing decision. You give us the marching orders, we go to battle. 

In its most simple form, purchase planning is a case of supply meeting demand. At its most complex, purchase planning is much more than that. When you partner with GeniePSM, we handle the complexity, so that you can handle your business. 

 

Stock Forecast 

Our stock forecast reports and data analytics allow us to strike the perfect balance of product availability, optimal cash flow, maximized working capital, and customer satisfaction. Because we meticulously monitor each week’s Stock Level Forecast, we are able to place purchase orders with unparalleled accuracy, identify and reorder low stocks, and hit the bullseye spot on to meet your budgetary needs and essential timelines.

 

Purchase Order Schedules

When you work with GeniePSM, you receive clarity from every point of view. Because we keep all purchasing records, you’ll always know what is coming, what is going, and where it’s going. You’ll know how many are on order, and how much time before arrival. You’ll know the total purchase costs of every item, every SKU, in every warehouse location. Our team of purchasing pros takes care of it all, including invoices, payments, purchase order creation, and delivery.

 

Factory Communications

Are you tired of wasting time chasing answers instead of actually getting them? Are you tired of listening to “hold music”, or being transferred from department to department? Streamlined communication with your factory or supplier is a must. We’ll make the process as smooth as silk. Whether your business model is FBA, or products are routed to a warehouse location, efficient communication ensures your inventory will always be right where it should be.