SAI CORE Management Systems: CRIS

Wholesale Nonferrous Purchasing

This module effectively handles the unique demands of purchasing and processing non-ferrous/wholesale materials for industrial accounts and dealers. As a purchase contract is entered, items are reflected as "on-order" in inventory. When shipments arrive, single or multiple material loads are then entered against those contracts as "unsorted". The entry of packing slips, unloading data, sorting and final settlement grading all update to the inventory and accounting status of each load. This provides for accurate inventory totals of materials on-order, unsorted, and on-hand by product or class. Additional key features include:

• Purchase orders allow the user to record negotiated or open prices for materials
• Build Purchase Order quantities by individual item or by class of products
• Incoming materials are held in inventory as 'unsorted' until they are graded
• Grading of materials builds true on-hand quantities in inventory and sets up final settlement data
• Supports receipt of materials whether or not they are on the purchase order
• Receiving report numbers are automatically assigned to provide linkage for A/P advances and later settlement
• System-generated receiving report organizes the grades of material for recording weights and final grading
• Final settlement allows optional payment on supplier or unloading weights allowing for advances
• Purchase order and shipment status reports give a timely and accurate picture of the on-order process.
• Accounts payable accrual reporting including unpriced shipments valued at prior month average purchase price
• Variety of purchase order position reports, daily transaction summaries, and historical reports