Purchasing and Inventory Management for Purchasing
Professionals, Office Managers and Bookkeepers

21st Century Electronic Procurement
In his excellent book "The Sourcing Solution: A Step-By-Step Guide to Creating a Successful Purchasing Program," author Larry Paquette, concerning purchase orders, writes:

"...The systematic order shows the vendor, the dates placed and due, the scheduled deliveries, the product and quantity ordered, the price paid, the terms, and the means of delivery. All orders are easily available for study and review by the execution of a few simple keystrokes."

Larry sounds somewhat exasperated when he references the substantial expense organizations incur to maintain numerous file cabinets containing paper copies of old purchase orders.

This view is consistent with the focus of the Purchase Order Tools web site. Electronic purchasing systems enable savings in storage units, office space, and trees -- the efficiency of which improves the bottom line of any organization.

Information is the Key
The purchasing function in many companies is too complex to keep the focus on the important issues: who is spending [how much] money, with whom are they spending it, and, are they getting good value for it?

The tools listed and referenced on the Purchase Order Tools web site help with the collection and analysis of the basic information to make purchasing activities easier and more profitable for the organization.