Set Up Suppliers
In this article
we will describe how to set up suppliers, manage suppliers and assign products to them, create purchase orders and track incoming stock.
Create New Supplier
On the supplier page, use the 'New' button on top of the table:
A pop up appears where you can enter the main Supplier details, such as name, lead times, location and currency:
There are a number of mandatory fields required when creating a Supplier:
| Value | Description | Mandatory (Y/N) | Source |
|---|---|---|---|
| Supplier Name | Free text, Supplier Name | Yes | User defined, free text |
| Country | Drop Down, Country of Origin | Yes | User defined, Drop Down List |
| Address | Free text, Address | No | User defined, free text |
| Postal Code | Postal Code, free text | No | User defined, Drop Down List |
| Supplier ID | Free Text | No | User defined, free text |
| Average Lead Time in Weeks | The average number of weeks it take for the supplier to recieve goods from the supplier. | No | User defined, integer, weeks |
| Supplier Currency | Currency used for placing the Purchase Order | Yes | User defined, Drop Down |
| Payment Terms | Dropdown, selection of predefined payment terms | No | User defined, Drop Down |
Supplier Settings
Two critical settings are important when creating a new supplier:
- Average Lead Time in Weeks
- Supplier Currency
Supplier Lead Time
Supplier lead times are used when calculating the Order Proposals. They are also used to prefill the Expected Delivery Date on the
Supplier Currency
A drop down list of currencies, which will be used in calculation of Cost Prices.
Payment Terms
The payment terms are predefine by us on the back end and the user can choose between:
- None
- Payment in advance
- Net 7 days
- Net 14 days
- Net 30 days
- Net 45 days
- Net 60 days