Return To Vendor

Posted in: Blog- Nov 12, 2012 2 Comments

Managing stock is a key concern for people in the manufacturing and distribution arena.  Providing an efficient method of controlling the return and exchange of items bought from suppliers, the SYSPRO Return to Vendor module (RTV) ensures visibility and tracking of the item until the transaction is concluded.

The defective stock is initially removed from general availability to a holding area in order to prevent it being sold or used in manufacturing. The defective item is then reviewed to determine whether it should be returned to the vendor for credit or replacement, or if it should be scrapped. A Return Document may be produced to accompany the item back to the vendor. At any point in time, the user can check the status of an RTV as well as view the actions taken to-date.

RTV Features:

  • Ensures that items to be returned to the vendor are removed from the available stock and held in a review area while the terms for return are negotiated
  • Handle stocked and non-stocked items
  • Track variances between cost of item and credit received
  • Manage items to return through the RTV review process
  •  Issues items directly to the RTV review area, while processing a return from a customer (RMA)
  • Add non-stocked items on the fly during the review process
  • Create GRN which can be matched against supplier’s credit note
  • Create Purchase Order for expected replacement items

The Benefits of Return to Vendor:

  • Provide complete visibility of returned inventory
  • Track returned items that are outstanding
  • Allow for credit notes and replacement items from vendor
  • Tracks costs of items not replaced by vendor
  • Retain unlimited history of RTV transactions

Integration with SYSPRO:

  • Integrates with Accounts Payable, General Ledger, Inventory, Purchase Orders and Return Merchandise
  • E-mail reports with Office Automation
  • RTV for SYSPRO requires the Accounts Payable, Inventory Control, and Purchase Orders modules, as well as the GRN suspense system

The ease-of-use of RTV has more than met the challenges of stock control.  If you are looking for a RTV solution, or need more information, please email me.

2 Responses to “Return To Vendor”

  1. Reply Carl says:

    Spot on with this write-up, I really feel this website deserves a lot more consideration. Thanks for the info.

  2. Reply Michael says:

    Hello, Fantastic article – it’s so helpful to me. I’ve learned a lot from your blog here. Keep on writing, my friend.

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