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B2B Procure-to-Pay functionalities - Stock Notice

Updated over 8 months ago

It's important to keep a close eye on the goods you receive. After checking them against the order, the goods are recorded in the ERP system. When you make a sale and receive a purchase order from your customer, you then deliver the goods and track them to ensure they arrive on time.

A "stock notice" usually means a message about the status of your inventory. This message is important for letting people know if products are available or if they may need to be ordered.

A stock notice might include:

Stock Levels: How much of a product is currently available in inventory.

Replenishment Alerts: Warnings when stock levels are low, so you know it's time to reorder.

Backorder Updates: Information on products that are out of stock but will be restocked soon, including arrival dates.

Allocation Notices: Details on how stock will be shared among different customers or departments.

Quality or Condition Notices: Alerts if there are any issues with the quality of the stock, like defects or recalls.

Special Offers or Deals: Information about promotions or discounts on certain products.

Obsolete or Discontinued Items: Notifications about products that will no longer be restocked.

Even though "stock notice" isn't standard terminology, it's crucial to communicate clearly about inventory to manage your supply chain effectively.

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