Supplier Products
Supplier Products allow you to maintain vendor-specific data for items in your catalog. This includes the supplier's part number, lead times, and quantity-based cost breaks.
Managing Products
To manage the items offered by a specific supplier: 1. Navigate to Suppliers and select a vendor. 2. Click on the Products tab.
Fields
- Supplier Part Number: The identifier used by the vendor for this item.
- Description: The vendor's description of the item.
- UOM: Unit of Measure.
- Lead Time: Standard lead time in days.
- Cost Breaks: Defined cost reductions based on purchase quantity.
Cost Breaks
Cost breaks allow you to track how your cost decreases as you purchase higher volumes from a supplier. These breaks are used by the purchasing system to optimize order quantities.
Adding Cost Breaks
- Open a Supplier Product record.
- Navigate to the Cost Breaks section.
- Add rows for each break level:
- Min Quantity: The minimum number of units required to reach this price level.
- Unit Cost: The cost per unit at this quantity level.
The system will automatically sort these breaks by quantity. When creating a Purchase Order, Velosity will look up the appropriate cost based on the quantity being ordered.