PSMActive streamlines the process of buying, conceptualizing new products, procurement, production, and shipping all through a very logical, user-friendly interface designed with product life cycle management in mind. Supporting a collaborative approach to buying and product management, it ensures that merchandise gets from purchase order to your sales channels as quickly and efficiently as possible. By simplifying the process PSMActive enables you to leverage a competitive advantage by shortening your time to market while simultaneously insuring shortcuts do not jeopardize agreements with suppliers or violate internal policies for product release.

Features of PSMActive are:

  • Product life-cycle & information management
  • Score cards
  • Workflow and inventory management
  • Critical path control over PO creation and product release
  • Automation of common tasks to simplify the purchasing and product management process
  • Predefined message stores to re-use on recurring documents with vendors
  • Document storage for vendor related agreements
  • Bulk imports for quick handling of large product, pricing, or purchasing changes
  • Enhanced marketing fields for substitutes, cross-sells, and upsells
  • Complete multichannel campaign and price management
  • Simple control over kits as well products requiring styles and attributes
  • Administrative override for critical decisions
  • Detailed flags and data collection on products and vendors for follow up reporting
  • Strong audit trail by activity and user
  • Reporting fueled by real-time data for accurate purchasing decisions
  • Scheduling engine to save, print, or send reports
  • Real-time integration with OrderActive, WMSActive, and IntraActive

Increased responsiveness to customers’ needs

A single procurement and product management software system and real-time information ensures you manage the entire creative design process efficiently. New product design and development cycle times are reduced by sharing information and collaborating across internal departments, overseas offices, and external partners. The benefits are realized whether you design in-house, via agents, buy direct, or a mix by merchandise type. PSMActive can support anything from simple procurement processes to the most complex product management cycles.

Businesses using PSMActive are able to:

  • React rapidly to changing customer trends
  • Improve productivity of global supply chain and delivery quality
  • Get on-trend products to sales channels faster
  • Track demand and restock date
  • Maintain lean inventory based on demand

Superior workflow management of design and buy processes

By standardizing information and automating many repetitive tasks, your buying and supply chain teams are free to focus on the more productive and creative aspects of their jobs. This consistency also means you can ensure that each vendor complies with company procedures for each aspect of purchase and supply.

Time critical alerts and reminders automate the management of deliveries, inventory levels, and re-orders. For example, contract end dates where the minimum quantity has not been fulfilled, costs which exceed the quoted price, or booked delivery dates which are outside the limits of the contract or purchase order are all identified and buyers alerted.

Workflow features include:

  • Automation and task prioritization to keep teams on schedule
  • Real-time data exchange allows easy access to status and progress
  • Manage every aspect of production and shipping

Better vendor management

Communicate your requirements clearly and consistently to your vendors wherever they are in the world and in whatever currency they use.

Features include:

  • Sign off contracts and purchase orders
  • Make updates to estimated delivery dates and times
  • Review real time sales information and affect replenishment
  • Update vendor and product details, including costs and prices
  • Monitor vendor compliance with company standards
  • Track vendor performance with vendor scoring.

Learn how MNP can help your business

We specialize in providing scalable business solutions designed to support growth for established and fast growing brands ready to invest in long term solutions. We are people oriented and welcome contact to determine how best we can add value to your operations.

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