|
|
| VENDOR CONTRACT |
| Module | | |
 |
| |
| |
WorkPlace Vendor Contract allows your organization to enforce purchasing contracts established
with specific vendors.
WorkPlace Vendor Contracts allows buyers to track committed amounts and quantities against
a contract.
Purchasing of items is controllable by either total dollar amount, quantity, or both, and
can be restricted to a pre-defined list of items.
The contract period date range can also be enforced.
Buyers can enforce negotiated shipping method, payment terms, and FOB, and have
the ability to append lines to an existing vendor purchase order.
Contracted pricing is enforced at the item level.
WorkPlace Vendor Contracts also allows buyers to set up blanket purchase orders based on vendor
contracts, valid for a specified period of time and authorizing multiple orders during that
time period, as long as the total dollars on the PO are not exceeded.
Requisition line items can be routed for approval by vendor contract and/or when the contract amount has been exceeded.
|
| When Needed: |
- We need to reduce purchasing costs by negotiating purchasing contracts with our vendors
- We negotiated vendor contracts to ensure best terms and need to ensure we are adhering to those contracts
|
| |
| |
| back to previous page |
|
|
