Streamlining Procurement Process
Epicor's Advanced Requisition Management (ARM) is a powerful solution designed to streamline the procurement process for manufacturers and service businesses. With ARM, businesses can effectively manage spending, control costs, and ensure purchased items are readily available. The solution offers smart routing of requisitions, reducing approval times and enhancing competitive edge by supporting supply chain and manufacturing value stream without interruptions.
Key Features and Benefits
ARM provides real-time general ledger budget checking, support for preferred and one-time vendors, standing orders, blanket orders, and multi-level approvals for improved efficiency. By utilizing ARM, businesses can better manage both capital and operational expenditure, resulting in significant savings and increased profitability. Faster processing through workflow-based automation allows businesses to tailor approval setups according to their specific needs, enhancing efficiency in daily procurement activities.
Optimizing Inventory Levels
One of the key benefits of utilizing ARM is the ability to optimize inventory levels. By ordering items just in time for manufacturing operations, businesses can achieve a smarter inventory management system. The close integration with Kinetic, Epicor's cloud-based, web-based solution, helps procurers boost efficiency and maintain healthier, more optimized stock levels in the warehouse.
Enhanced Communication and Integration
ARM offers capabilities to digitize businesses through tight integration with Kinetic, an easy-to-use catalog, increased communication channels, integration with supplier websites, and internal transfer requests. These features enable seamless communication and collaboration within the procurement process, ultimately driving productivity and effectiveness.
Driving Business Success
Epicor's ARM empowers businesses to drive success by optimizing procurement operations, enhancing efficiency, reducing costs, and improving profitability. With a focus on automation, integration, and flexibility, ARM is a comprehensive solution that can transform the way organizations manage their procurement processes, ultimately leading to increased competitiveness in the market.