Materials Management

As the hub of our source-to-settlement supply chain solution, our Materials Management software effortlessly increases the efficiency of materials management staff and processes to reduce spend transaction and other materials management costs.

Wasted time and effort are eliminated across the supply chain because data is centrally stored and shared online among relevant applications, processes, and people to create a paperless materials management environment.

By streamlining and automating many related processes
and integrating fully with accounts payable and other critical business processes and functions, Ormed software reduces errors, costs, waste, and stock-outs while enhancing your ability to:

• Increase profitability
• Free up budget for other priorities
• Position your organization for increased growth
• Be financially empowered to invest in initiatives that improve quality, service, and client satisfaction
• Eliminate time-consuming, inefficient manual processes
• Improve decision-making and reporting with access to real-time information

Our leading edge Materials Management solution comprises the following powerful modules:

1 - Manager
2 - Inventory Control
3 - Invoice Reconciliation
4 - Issuing
5 - Purchasing
6 - Receiving
7 - Reporting
8 - Returned Goods Memo

Materials Management -
Manager

 

The Manager is an important component of our seamlessly integrated Materials Management solution because it allows you to guide and oversee your entire MM system.

Full integration with our Ormed E-Commerce and Ormed Accounts Payable ensures a seamless source-to-settlement solution that:

• Manage multiple inventory locations and setup relationships for inventory transfers
• Track usage history for stock and non-stock items from a central item master file
• Customize item master views to enhance search capabilities


• Attach images to catalog items to assist in product identification
• Create and impose a requisitioning approval hierarchy for capital and non-capital requests
• Link to ORMED X in the item master and the vendor master file
• Identify and track the usage of hazardous goods
• Maintain or link to manufacturer materials safety datasheets
  

Materials Management -
Inventory Control

With Ormed Inventory Control you can:

• Maintain unlimited perpetual
  inventory locations
• Assign unique inventory replenishment methods for each inventory location
• Track items on-hand and on-order
  for multiple locations
• Use the latest handheld/barcode technology for automating par level replenishment and
  physical inventory counts
• Instantly display inventory value and
  usage for stock and non-stock items
• Transfer from one inventory location
  to many or from many to one
  

Materials Management -
Invoice Reconciliation

Ormed Invoice Reconciliation creates three-way integration from Receiving to Accounts Payable to Inventory Control for fast and easy reconciliation with no invoice rekeying.

When an invoice is adjusted, Ormed Invoice Reconciliation automatically updates inventory prices and department expenses to eliminate reconciliation issues and time.

Materials Management -
Issuing

With Ormed Issuing you can:

• Use the latest distribution technology to monitor, project, and respond to the consumption of vital supplies throughout your organization
• Manage inventory distribution to reduce departmental inventory stock-outs
• Process incoming requisitions for
  stock items on-line without re-keying
• Release department backorders
  as inventory is received
• Track department backorders
  

Materials Management -
Purchasing

A key component of an integrated MM system, Ormed Purchasing reduces spend transaction inefficiencies and costs.

For even greater savings, Purchasing can
be seamlessly linked to Accounts Payable to eliminate reconciliation problems and to the ORMED X® B2B portal for time-saving
e-commerce transactions and
communication with merchants.

With Ormed Purchasing you can:

• Communicate orders directly
  to suppliers via the Internet
• View purchase order status as it changes
• Drill into reconciliation information
• Assign workflow and workload by buyer
• Use wizards to capture and anticipate demand for stock, non-stock, non-file, and capital items
• Create manual purchase orders
• Create system-generated order recommendations
• Create consolidated purchase orders
• Indicate multiple ship-to locations on a single purchase order
• Transmit purchase orders via the Internet
• Access and use online catalogs (drag-and-drop) via ORMED X
• Instantly reconcile invoices online with Accounts Payable
  

Materials Management -
Receiving

With Ormed Receivng you can:

• Receive for single or multiple sites
• Print delivery slips for department orders
  and inventory
• In real-time, update stock on hand
  at time of receipt
• Instantly display items received
  and items on backorder
• Over-receive shipments
• Receive in a centralized or decentralized environment, and restrict specified users to specific sites
• Receive partial units of order
  by converting to units of issue
• Print materials safety datasheets for hazardous goods

Materials Management -
Reporting

Ormed Reporting significantly enhances your ability to create and distribute meaningful information -- to a variety of stakeholders,
for any number of purposes -- in a timely and concise manner:

• Management Reports –
  Inventory Management reporting to
  anticipate and manage utilization
• Financial Reports –
  Detailed end-user reporting on utilization and operating costs (supplies and services)
• Audit Trail Reports –
  Management reporting prevents costly errors
  
  
• Performance Indicators –
  Evaluate your supply chain process, set benchmarking targets, and forecast and manage supply chain costs

Materials Management -
Returned Goods Memo

With Ormed Returned Goods Memo you can:

• See real-time updates of stock on hand
• Create vendor returns for stock,
  non-stock, and non-catalog items
• Re-open purchase orders
  for goods being returned