Overview
The Vendor Item section allows you to associate items with specific vendors by defining relevant details such as pricing and currency.
Navigation Path
- Log in to the application.
- Navigate to the left menu and click Vendor.
- Select Item.
- Click the Add Vendor Item button.
Form Fields Explained
1. Vendor
- Select the vendor from the dropdown to whom the item will be assigned. Only registered vendors will appear in this list.
2. Select Item
- Select the item from the drop-down.
3. Price
- Enter the unit price at which the vendor supplies the selected item. This is a required field used for purchase order calculations and cost tracking.
4. Currency Code
- Select the currency in which the item price is denominated.
Action Buttons
- Save – Stores the item details under the vendor’s profile once all mandatory fields are filled.
- Cancel – Discards any data entered and exits the form without saving.
Note: For creating a Vendor item:
1. Mandatory Fields:
- Vendor Name *
- Item *
- Price *
- Currency Code*
2. Configurations in Company Settings:
- Items are configured under: Company Settings ➝ Item Master
Vendor Item KPI’s
- Total Vendor Item – The total count of items assigned to all vendors.
- Vendor Item in Stock – Tracks the number of items currently in inventory.
- Total Vendor Inventory Value – The cumulative value of all vendor item based on quantity and unit price.
- Low Stock Vendor Item – Identifies items nearing depletion, helping prioritize procurement.