Originally published on January 5, 2016, updated July 26, 2022
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FBA profitability rests largely on investing in the right products, optimizing your supplier relationships, and running your business with a high degree of efficiency. Poor record-keeping or incomplete purchase orders (POs) can cut into your efficiency, making it impossible to keep track of purchases and inventory quantities.
RestockPro simplifies FBA purchase order tracking, allowing you to quickly see historical POs and other important details. Keep reading to learn how managing POs with RestockPro can help you achieve greater efficiency and profitability.
RestockPro’s cloud-based software acts as your inventory specialist, providing you with reordering suggestions so that you don’t run out of stock on your FBA items. These suggestions give you an up-to-date forecast of what needs to be ordered.
Once you’ve reviewed the forecast and made your decisions create a PO in RestockPro to forward to your supplier and to inform the system of the impending inventory change. Whether your suppliers ship directly into FBA for you, or you bring items into your local warehouse for prepping, RestockPro’s PO will ensure several things. First, that the correct inventory quantities are ordered, whether they’re received locally or shipped to FBA. Next, that they are accurately tracked, and finally, that they are reflected back into your inventory forecast (restock suggestions).
The tool provides you with an easy-to-use dashboard that gives you at-a-glance metrics about your store. Take note of the Supplier Reorders section, which shows you a summary of the reorders you need to place with each supplier. Click the supplier name to get started building a PO.
You can view, work on, and recreate existing POs on the Orders and Shipments page:
Historical data in RestockPro allows you to view all the PO history for each of your SKUs. This increases the accuracy of your Estimated Margin calculation. You can choose for RestockPro to do average costing. It will calculate your product cost based on the history of your purchases of it.
Our purchase orders feature also includes the ability to enter discounts, shipping costs, and notes. You can enter discounts on a per-PO basis as either a percentage or a monetary discount, or you can enter them on a per-line item basis. This gives you the ability to more accurately calculate realistic margins that reflect any savings you may have realized.
RestockPro’s POs also contain several notes fields. Use the Order Tags or Order Notes for tracking your receiving updates about the overall order. You can even save notes for an individual line item in your order. RestockPro will automatically capture information about parts ordered for kits in the notes field, too. All of these fields help you keep track of your order and simplify communication among your buyers and warehouse personnel.
You can also customize your purchase order. When you create your PO, there are store settings available so you can choose which columns appear for each line item. And from the PO page, you can enter custom freeform notes to display to your supplier.
And, voila:
Issuing POs based on restock suggestions is a core feature of RestockPro. Are you looking for a way to streamline your FBA purchase order tracking and enhance your success? Try RestockPro today.
Originally published on January 5, 2016, updated July 26, 2022
This post is accurate as of the date of publication. Some features and information may have changed due to product updates or Amazon policy changes.
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