Purchasing

Stockhastic fully supports drop shipping, enabling your business to minimise its stock holding (and therefore costs) whilst ensuring that you are able to offer as wide a range of products as possible to your customer. Gone are the days of manually sending drop ship orders over to your suppliers. With its ability to communicate with your suppliers via Email, FTP, EDI or other form of direct communication, Stockhastic will automatically generate and forward Purchase Orders to your Suppliers. If required, you can even accompany your POs with branded despatch documentation, ensuring that you are able to efficiently manage fulfilment and that the customer receives their goods as promptly as possible whilst enjoying a seamless experience.

With up to the minute stock levels across all of your sites and a range of standard reordering values against every product, assessing what lines needs to be reordered, at what point and from which supplier is quick and efficient. Where appropriate, you can also take historic sales into account in order to forecast your future reordering requirements based on previous customer demand, placing your purchase orders with confidence.

Removing the burden of physically sending purchase orders is key to unlocking efficiencies within your purchasing team, allowing them to focus on sourcing new products and managing your supply chain. Stockhastic is able to automatically email new and amended purchase orders direct to suppliers and also has the capability to interact with Suppliers’ own EDI solutions.