Mastering Purchase Order Management with Stockpilot

Streamlining Purchase Order Management with Stockpilot: A Guide for E-commerce Sellers

As an e-commerce seller, managing your purchase orders can be a time-consuming and complex task. With multiple channels to sell on, different suppliers to work with, and a constant need to keep track of your inventory, it can be hard to stay on top of everything. This is where Stockpilot comes in. Our marketplace integrator, order, inventory and warehouse management platform is the central hub for multichannel e-commerce businesses.

One of the key features of Stockpilot is the ability to book purchase orders and set a lead time for when they will arrive. When creating a new purchase order (PO), you can click on the Autofill button and enter the lead time, which represents the shipping time. Additionally, you can set the Sales scope, which is the number of weeks you want to have in stock.

It’s important to note that purchase orders are not considered current stock, as they have not yet arrived. Therefore, they should not be added to your current stock until the delivery is confirmed. Stockpilot separates purchase orders from current stock, so you can easily see what is on its way. When an item is inbound, it will be labeled as Inbound stock. You can click on the item and see a popup with a link to the purchase order.

Another important aspect of purchase order management is planning for the future. You want to make sure you have enough stock on hand to meet demand, but you also don’t want to overorder and end up with excess inventory. With Stockpilot, you can set a sales scope, which is the number of weeks you want to have in stock. This allows you to plan for the future and make sure you have the right amount of stock on hand at all times.

Stockpilot’s inventory forecasting feature takes into account both purchase orders and current stock, so you can make informed decisions about what to order and when. This ensures that you always have the right amount of stock on hand to meet demand, without overordering and ending up with excess inventory.

In conclusion, Stockpilot’s purchase order management tools make it easy for e-commerce sellers to stay on top of their inventory and make informed decisions. The ability to book purchase orders and set lead times, as well as separate purchase orders from current stock, allows you to plan for the future and never run out of stock.

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