This tool is for managing purchasing activities optimally.
Studies estimate that about 70% of a productions company’s turnover and 40% of a service company’s turnover is spent in purchasing material. Thus managing the purchasing activities as efficiently as possible is a crucial task and a purchase manager needs all the help he can get. This tool attempts to provide a company management with the means to manage purchase tasks and a real-time view of all the pending purchase tasks. Only then will the purchase team be able to procure things at the right time, at the right place and price. VIP Task Manager helps manage purchasing team projects and workflow management. It has a combined offering that help Order Processing, Supplier Management, organizing the Team, help manage projects and related documents and integrates an e-communicator. It offers features that allow planning, tracking and reporting on the purchasing team`s activities. This is facilitated by sharing contacts, calendar, documents etc. Communication is simplified by enabling sending of messages to suppliers and colleagues, receiving notifications, taking actions and getting reports.
Purchasing planning, tracking and reporting of all purchasing tasks are simplified with this tool. Planning features cover creating projects and tasks including attachments with additional information, assignments of these tasks, setting priorities and start/stop dates, setting reminders, etc. Other features include checking current status, status change notifications, grouping/ sorting/filtering tasks, marking overdue tasks, etc. The interface should be intuitive to the users managing purchase. This one is not for novices. This is a very good product. If your purchase team has to manage a diverse set of purchase tasks of multiple products, from multiple vendors for each and from different geographic locations then you should try this out and see if it helps.