Associating Multiple Suppliers with a Single Product: FSAI

Stephen Smit

We trade in a Price Sensitive & highly Competitive Market, which always forces procurement best practice. Analysis forms the Pillar stone of such decisions and is essential for success of the end sale. 

I am sure we are not unique in this regard  

When dealing with Multiple suppliers for a particular SKU, it becomes imperative, by choice of the Procurement Manager, decide which supplier be preferred at that point of order to track SKU productivity,  

Cyn 7 Sales data is collated by SKU but fails to Link Purchase data accurately as the product is procured from Multiple Suppliers in varying proportions, thus producing inaccurate Statistics ie suggested order, Stock Out, Overstock, winners & losers etc. 

A preferred Supplier option would connect a Single Product SKU Purchase and Sales data allowing Foresight AI to calculate and return accurate data. 

When managing an inventory of over 10 000 SKUs, Associating Multiple Suppliers with a Single Product, becomes a necessity rather than a luxury. 

Foresight AI, a System well integrated into Cyn 7 Core, just missing this element to make it an awesome worthwhile tool.  

Please join this conversation if you wish the same for your business.  

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