Vendor Management

  Tactic provides an updated vendor management system that excels in Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) functionalities. The vendor management tool of Tactic is customisable and it can be used in a dedicated, shared and virtual interface or systems. Vendor management system of Tactic comes with effective document storage, a good and secure platform and useful tools. 

1. Vendor Management--

Vendor management system of Tactic provides an opportunity of managing a good number of vendor based on their relationship with the company. The primary vendor management features are: 

• Creation of different vendor profile
• The business relationship with the vendors can be easily managed with highlighted efficiency, which can improve the company-supplier relationship.
• Keeping all the vendor related information along with their contact details can be kept within tactic, which decrease the chances of record-loss and data loss.
• Tactic can provide a multi-platform suite that can easily be updated into the latest version.

2. Vendor Payment--

All the payment related data for the vendors can be stored securely within Tactic. The software will also be able to manage all the vendor payment with utmost efficiency. 

• The users can upload any vendor data including the contact information regarding each of the vendors
• Uploading vendor invoices into Co-process
• Centralisation of vendor payment process in Tactic can be helpful in bringing huge savings to the group
• Application of different currencies help in managing payments from vendors of different nations within a single space
• Tactic can automatically send remittance advice by email to all active vendors

3. Supplier Management--

Management of suppliers are quite similar to the management of vendors. There are certain added features that can enhance supplier management feature quite effectively.

• Creation of purchase orders, approving, receiving and billing the purchase orders are some of the most basic features of supplier management system of tactic.
• Effective management of supplier invoices
• Tracking of stocks in accordance with purchase from suppliers can be performed easily with Tactic as well.
• Generation of automatic purchase orders
• Granting users and groups permissions according workflows. This can help in defining the thresholds which will automatically send a trigger email notifications in terms of being breached.

4. Warehouse Management--

Tactic provides an upgraded warehouse management system, which helps the users to organize warehouses based on their tags and categories. This service comes under the product module, however, it helps in managing warehouse elements in an independent and less complicated interface. The additional features of data warehousing are: 

• Getting an updated visualization of stock with the assistance of weighted average price calculation
• Managing product reference, warehouse, date, serial number and racking of stocks based on these details
• Managing and retrieving details of stock and stock movements at any time
• Allowing an admin to set properties regarding additional details such as Sell-by date or Eat-by-date
• Definition of desired quantity for each product for generating supplier orders and restock certain items within specific time-frame
• Using both real stock and virtual stock for making replenishment in just a few clicks
• Recording stock movement manually for configuring increase or decrease of stock automatically