EFI Radius Procurement helps automate and aggregate the procurement process so you can save time, reduce errors and save money on the procurement of goods for your company.
Electronic material requisitions can be automatically generated by EFI Radius based on the production estimating data in the system, eliminating the need to re-key data -- saving time and reducing errors.
Designated material buyers can review the recommended requisitions on-screen and use their expertise to make informed procurement decisions.
Requisitions for like materials can be aggregated into a single purchase order to increase efficiencies, and procure best pricing. Buyers also have the option to substitute recommended materials with equivalent items as needed to improve margins or meet production deadlines.
EFI Radius's flexibility allows purchase orders to be generated both automatically and manually as needed for your business.
Production materials such as board and film can be allocated to individual jobs at the time the purchase order is created, to ensure the right materials get to the right job, every time.EFI Radius Materials Movement
EFI Radius's Materials Movement manages a broad range of processes to help your company streamline its operations, reduce errors and get the right materials to the right place as they are needed for each job.
The system can simplify the control of inventory and improve the accuracy and speed of its movement by leveraging radio frequency barcode scanners.
Beginning at the receiving dock, EFI Radius helps manage the verification of goods when they are received, so you can track what came in against purchase orders, before items go into stock.. On receipt from the supplier, the system produces a bar-coded label to attach to the pallet, case or roll to allow for tracking of all further movements. Supplier information can be received via EDI, allowing for the use of supplier-applied barcodes as well.
EFI Radius supports bin location control for efficient stock management, and allows for roll materials to be controlled down to the individual roll level.
Using the system, you can issue materials to jobs as required and they will be automatically reduced from stock values and the costs will be transferred to 'work in progress' against each job -- helping to keep accurate track of stock and materials costs for jobs.
It can also automatically identify when there are not enough materials to run a job, so you can make informed decisions immediately - such as completing part of an order, providing a new promise date for a client or finding alternative materials on hand for a substitution.
The system tracks pricing and valuation of materials, it supports effective date pricing to allow for fluctuation in cost of materials over time, and it maintains a complete history of materials usage and activities that can be used in performance analysis.
When supplier invoices are received, EFI Radius's on-line program facilitates and expedites matching up the invoices against the purchase orders and goods received - so companies can efficiently reconcile amounts due and accurately pay suppliers.
EFI Radius Materials Management can help your company automate the process of getting the right materials to the right job, every time, while allowing you immediate visibility into the quantities and locations of all your materials, across any number of plants.Click here for more information on EFI Radius's Materials Procurement Software