A crucial component of the buyer-supplier relationship is tracking purchase orders and maintaining visibility over incoming inventory. Unfortunately, getting real-time PO status updates from suppliers can be a tedious and challenging task, leading to gaps in communication and unanticipated delivery delays that threaten your company’s ability to fulfill customer orders. Here we explore the challenges in collecting PO status updates, and how automation technology is bridging the gap.
Challenges of Getting PO Status Updates from Suppliers
Traditional methods and processes for collecting PO status updates are messy and inefficient due to three primary challenges:
How Automation Technology Gets Suppliers to Provide PO Status Updates
Manually requesting purchase order updates from suppliers no longer cuts it. Today’s fast-paced supply chain demands real-time PO status updates and instant visibility of inventory risks. Fortunately, technology advancements make it easier than ever to automate PO status collection and link disparate systems into a single, centralized hub.
Modern automation overcomes the challenges of PO tracking and improves communication by meeting your suppliers where they are. Suppliers should not be required to adopt new technology or implement new processes because PO status update requests go directly to their preferred channels – email, EDI, WhatsApp, WeChat, and more. PO status updates can be automatically collected and written directly back to your ERP, providing a single source of truth for visibility throughout the PO lifecycle without the need for tedious manual data entry by your supply chain team.
By consistently following up with suppliers within the tools they already know and love, our Leverage customers are receiving supplier updates faster than ever before.
Leverage delivers the automation solution to get you the PO status updates you need when you need them. It drives better relationships and communication with suppliers without the hassle of pushing them to adapt and learn other systems. Improve process efficiencies and PO status visibility from the moment a PO is planned to the moment it is delivered. Contact the experts at Leverage today to learn more.