News
Polygon Software Releases Forecast Purchasing
Forecast Purchasing module helps apparel businesses determine material requirements based on projected production, optimizing on hand inventory and effective cash flow management.
Baltimore, MD – October 3, 2010 -- Polygon Software, a leading developer
of Product Lifecycle Management (PLM) and Enterprise Resource Planning
(ERP) solutions for apparel businesses, today announced the release
of PolyPM Forecast Purchasing. Integrated with PolyPM’s PLM and ERP
enterprise solution, Forecast Purchasing helps apparel businesses work
with accurate, real-time material requirements from which to make strategic
purchasing decisions. The new module is critical to businesses that
order materials based on projected sales rather than actual sales, enabling
an essential balance between current and projected production. Using
PolyPM’s Forecast Purchasing, businesses can strike the critical balance
between not enough inventory at the right time versus too much inventory
which negatively affects cash flow.
Current production is a key factor to consider for effective forecast
purchasing. Essential questions such as, “Is my current production above
or below my forecasts?” can often have disastrous results when wrong
decisions are made due to lack of sufficient information. Purchasing
agents often have hundreds of materials to juggle, making it easy to
overlook an item. PolyPM’s forecast purchasing uses a clear, easy to
understand, color coded grid that integrates current production requirements
and purchases to effectively show time-based purchase suggestions, successfully
balancing current and projected production PolyPM’s new Forecast Purchasing
module features:
A single color-coded table that shows the status of all materials based on actual and projected finished goods requirements
Suggested weekly projection of inventory position and recommended purchases, indicating critical purchase dates in order to delivery on time to meet requirements
Automatic creation of Purchase Orders
On the fly revision of vendor, scheduled purchase weeks and delivery intervals
Real-time screens update instantly as material positions and production schedules change
Material substitution, projecting the obsolesces of one material, replacing it with a new material
Projected material requirements for non-production materials
Web-enabled, using Microsoft SQL database engine, PolyPM integrates all aspects of the design through production process: product development, costing, sourcing, manufacturing, inventory, sales, distribution and now production planning. By integrating business processes and people anywhere in the world, businesses use PolyPM to realize more efficient workflow, improved productivity and cost reductions. PolyPM creates an environment that lets management get decision making information when and how it needs it, to ensure faster time-to-market and exploit new business opportunities. Plus, PolyPM is flexible enough to change with business conditions, so management won’t need a cadre of programmers to customize and restructure the system as business conditions change.
About Polygon Software
Polygon Software has a long and prestigious history of developing advanced software applications for the apparel industry. Starting in the 1970’s, the founders of Polygon developed the first CAD/CAM system for apparel manufacturers, the AM-1. Today this system is the worlds leading apparel CAD/CAM system marketed by Gerber Technology. In the 1980’s Polygon introduced PolyNest, the first open apparel CAD/CAM software running under Microsoft Windows. PolyNest revolutionized the way apparel CAD was distributed by enabling end-users to acquire their software and hardware from multiple sources. Polygon's latest product, PolyPM, is the first product to integrate PLM and ERP into a single solution, automating the transition from design to manufacturing. PolyPM transforms the way small to mid-sized brands, distributors and manufacturers operate, by providing information technology that previously was only available to the “big-guys”, in a system that lets users independently customize their installation to reflect their business practices. For more information, please visit www.polypm.com.
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