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Purchasing and replenishment for LBM businesses

Manage purchasing, supplier orders and replenishment from one connected ERP system, with better visibility of inventory needs, demand and availability across your LBM business. 

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How can ERP improve purchasing and replenishment for an LBM business? 

GenetiQ helps buyers make purchasing decisions using demand, lead times, seasonality, allocation and safety inventory, while keeping human review in the process. Replenishment rules can support more consistent ordering, while purchasing workflows connect requisitions, purchase orders, receiving and supplier invoices in one process.

The aim is to help reduce stockouts, avoid unnecessary overbuying and give buyers better visibility of what needs to be ordered and when.

 

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Give buyers better control over purchasing and inventory

Use existing inventory, branch availability and demand signals before purchasing more. 

Replenishment suggestions

Use demand, seasonality, lead times, allocation and safety inventory to support more informed replenishment decisions, while keeping buyers in control of the final order. 

  
Purchase orders and requisitions Manage purchase requests, requisitions and purchase orders from one process, with clearer visibility of what is being ordered, from which vendor and for which location.   
Receiving and supplier invoices

Keep the purchasing process connected through receiving and supplier invoicing, helping operations and finance work from the same purchasing information. 

  
Vendor and cost visibility Give buyers up-to-date information on vendors, purchasing activity and costs to support better buying decisions and tighter control over spend.  
Multi-location purchasing Review inventory across branches before buying more, helping teams make better use of existing inventory and reduce unnecessary purchasing.   
Special orders and backorders

Connect customer demand, special orders, incoming inventory and backorders so buyers can see what is already committed and what still needs to be purchased. 

  
Business value

Reduce stockouts without creating excess inventory

The goal of replenishment is not simply to buy more inventory. It is to help purchasing teams balance availability, working capital and customer demand.
1
Protect availability
Reduce the risk of running short on the products customers need. 
2
Avoid unnecessary overbuying
Use existing inventory, branch availability and demand signals before purchasing more. 
3
Give buyers more confidence
Bring the information needed for replenishment decisions into one place, with clear visibility of exceptions and requirements. 

Buy smarter across multiple branches and locations

GenetiQ gives purchasing teams visibility of inventory across locations so they can check whether existing inventory can be transferred or reallocated before buying more. This can help reduce unnecessary purchasing, improve use of inventory already on hand and support more consistent replenishment decisions across branches.
See inventory across locations

Give buyers a clearer view of what is available across branches before raising another purchase order.

Use existing inventory first

Identify opportunities to transfer or reallocate inventory where appropriate instead of automatically purchasing more.

Support local and centralized buying

Give individual locations the information they need while maintaining visibility and control across the wider business.

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See how GenetiQ supports purchasing

Explore how GenetiQ can help your team manage purchasing, replenishment and inventory across locations. 
See purchasing and replenishment in action

Frequently asked questions

How does GenetiQ support purchasing and replenishment? GenetiQ helps purchasing teams manage replenishment, purchase orders, approvals, supplier activity and purchasing exceptions in one connected ERP system. Buyers can use demand, lead times, seasonality, allocation and safety inventory to support replenishment decisions while keeping human review in the process. 
Can GenetiQ help buyers avoid overbuying? Yes. GenetiQ gives buyers visibility of inventory across locations so they can consider existing inventory, incoming orders and branch availability before purchasing more. This can help reduce unnecessary buying and improve use of inventory already in the business.
Can GenetiQ support purchasing across multiple branches?

Yes. GenetiQ supports multi-location operations by giving purchasing teams visibility across branches and locations. Buyers can review inventory availability and consider whether inventory can be transferred or reallocated before raising another purchase order. 
Does GenetiQ automate replenishment decisions?

GenetiQ can support replenishment decisions using factors such as demand, seasonality, lead times, allocation and safety inventory. Buyers remain in control and can review recommendations and exceptions before purchase orders are placed. 
How does purchasing connect with inventory and sales in GenetiQ?

Purchasing works within the same ERP platform as inventory, sales, customer orders and financials. This means purchasing teams can work with the same underlying information and respond more easily to demand, special orders, backorders and inventory requirements.