Fast response to RFQs
By combining flexibility and performance in importing BOMs and the unique EDI feature, Optymo provides simple and effective ways to generate RFQs from multiple suppliers, compare prices and deadlines, and establish quote rapidly without taking risk on margins or delays commitments. The response time to the customer may go from several days, or even weeks, down to a few hours.
Inventory
Optymo provides full inventory management, supports internal/external stocks, handles inventory movements, and tracks parts through lots, expiration or serial numbers. With Optymo, users can manage all types of parts, global supply as well as finished goods.
Automated procurement management
With Optymo, users prepare price request based on actual stock, ongoing POs, various project requirements and stock replenishment, in a click of a mouse. Optymo is able to manage different types of procurements, including forward or timed purchases and open orders. Optymo helps the buyers to select the best buying strategy and to generate automated POs, reducing administrative work, errors and overall cost by optimizing the volumes. Optymo supports full process from parts reception to inventory and allocations.
Vendors management
Optymo allows the user to handle all vendors with their locations and contacts. It also maintains accurate information on history relationship, builds communications on facts and data, and gets better commercial conditions.
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Optimize supplier relationship
Optymo streamlines purchasing decisions as the software can be set up to automatically select the best suppliers using qualitative and quantitative criteria, including reliability, speed, price, lead-time, and service. This significantly accelerates the supplier selection process. And, because all pertinent information related to purchasing history is available in Optymo, companies can realize significant cost and time savings by always making well-informed buying decisions.
Cost effective purchasing
Optymo optimizes purchasing decisions by centralizing purchasing and supporting inventory and supplier management. It features a multi-category parts manager that creates a customizable parts database for complex parts systems, streamlining the supply ordering process and controlling the quality of parts used in production. Because the production work order is linked directly to the Optymo database, Optymo ensures that organizations only order what is necessary for production.
Eliminate human error
In addition to providing complete access in real-time to inventory data, Optymo also includes functionality that eliminates human error from the purchasing process. Optymo automatically generates internal part numbers that can be customized to suit the specific needs of any organization and its inventory. And, the parts file pricing feature eliminates the painstaking manual updating of data by synching the purchaser’s and suppliers’ databases with a single click of the mouse.
Reduce paperwork
Optymo also offers features that help to reduce or eliminate paperwork. The automatic RFQ generator creates RFQs from one or many vendors and ties the RFQ and resulting PO to the vendor and the project it was created for. There is no need to print out the PO as the information is stored in the database along with invoicing details which are all available for future access. In addition, the user-friendly interface provides multiple contact details for your suppliers as well as your payment terms and statistics, all in a single window.
