Logistics services provider SEKO has launched its new global vendor purchase order (PO) management software tool, Supplier PO Management.
The new system is claimed to ensure end-to-end visibility and minimise complexity in managing multiple POs from multiple vendors, while saving time and cost in overall supply chain operations.
“All PO entries and changes are recorded and preserved, displaying the original entries, current status, changes made, who made the changes and when,” the company said.
“The tool eliminates the chances of lost or misplaced purchase orders, wasted time spent on complicated spreadsheets and continuous follow-ups.”
The web-based software is integrated into SEKO’s online customer shipment management suite, and provides features including a fully integrated messaging system, point-and-click operation, the ability to break down POs into individual lines, a summary report and the ability for customers to run metrics on their vendors and obtain performance reviews.
If a single PO turns into multiple shipments, the tool can track those line items, covering information such as the cost per item, exact dispatch time and planned stoppages.
The company’s CEO William Wascher said: “With SEKO’s Supplier PO Management, customers obtain unprecedented access to help make more informed decisions regarding their supply chains, have a better understanding of their end-to-end supply chain visibility and enjoy improved operating efficiencies between people and departments.”
SEKO is a third-party logistics provider with 47 offices in the US and offices in more than 40 countries worldwide.
For more information, visit www.sekoworldwide.com.