On this page, you can configure critical supplier details to allow Optiply to optimize inventory levels and streamline your purchasing processes. Here's an overview of the features and settings available
Add essential details for each supplier, such as names, contact information, and any specific notes or instructions. For instance, you can include preferred communication methods or special terms of your agreements with the supplier.
Specify how many days it typically takes for a supplier to fulfil and deliver an order. Accurate lead time information ensures that Optiply calculates optimal reorder points and prevents stockouts. For example, if Supplier A delivers within 5 days, you would input "5" as the lead time. Lead time settings also play a crucial role in determining purchase planning schedules. Adjusting these ensures that Optiply accounts for the time required for order fulfillment when generating schedules. This integration minimizes the risk of delays or mismatched scheduling.
Define the frequency at which Optiply evaluates and generates purchase orders for the supplier. This ensures timely stock replenishment. For example, if Supplier B requires orders every 7 days, set the reorder period to "7 days." Additionally, during supplier holiday periods, you can temporarily adjust the reorder period to cover their closure duration. For instance, if a supplier is unavailable for 10 days, modify the reorder period to a value that ensures inventory will last throughout that time frame.
Set the minimum quantity you need to order from each supplier. This ensures compliance with supplier requirements while optimizing your order quantities. For instance, if Supplier C requires a minimum order of 100 units, enter "100" in the MOQ field.
Enter cost details related to each supplier, such as unit costs and additional expenses like shipping or handling fees. This allows Optiply to provide accurate cost calculations. For instance, if Supplier D charges €10 per unit and €5 for shipping, input "€10" for the unit cost and "€5" for shipping costs.
Decide whether backorders are allowed for each supplier. Optiply uses this setting to handle out-of-stock products. For example, enabling backorders for Supplier E means Optiply can still generate purchase orders for unavailable products with high demand.
How Optiply Uses Supplier Information
By carefully setting up your suppliers, Optiply leverages this data to calculate optimal stock levels, generate purchase orders, and streamline your supply chain. It’s essential to keep this information accurate and up to date.
Helpful Tips for Supplier Management
Don’t forget to save your changes after updating supplier details.
You can revisit this page anytime to adjust settings or add new suppliers as your business grows.
If you have any questions about this page, feel free to contact us through the chat or at support@optiply.nl. We're always happy to help!
Double-check supplier configurations after accounting for holiday periods and lead times to ensure they align with your inventory needs.
Some advanced changes to planning and supplier management might require reaching out to Optiply support for assistance.
With your supplier settings configured, you're one step closer to fully optimizing your purchasing strategy.
Managing Supplier Holiday Periods and Purchase Planning
To manage supplier holiday periods effectively, temporarily adjust the reorder period for the duration of their closure. This step ensures smooth operations even when suppliers are temporarily unavailable. After making these adjustments, verify the next order date to align with operational requirements. Additionally, schedule purchase orders on specific days to streamline routine tasks and adhere to timelines. Notes:
Once you modify planning settings, further changes may need assistance from Optiply support.
Consider how lead times, holidays, and operational demands interact to affect inventory planning.