NAU 2.1 - Inventory Management and Procurement System
Streamline Procurement, Manage Inventory Efficiently with NAU's Integrated System
NAU's Inventory Management and Procurement system empowers shipping companies to gain complete control over their supply chain, from requisition to delivery. This user-friendly, web-based solution offers a tightly integrated platform that streamlines workflows, optimizes inventory levels, and reduces administrative burdens.
Benefits of NAU's Inventory Management and Procurement System
Our inventory management system ensures efficient and accurate organization and tracking. With enhanced purchase control and hierarchical approval, we provide stringent oversight of purchase orders. Comprehensive vendor management includes evaluation, communication tools, and a dedicated vendor portal. Automated updates ensure precise ROB tracking and controlled spare consumption. Seamlessly integrating with existing finance and accounting modules, our system streamlines operations for optimal efficiency.
Orion supply Chain
Enhance Visibility
Gain real-time insights into your entire supply chain, from requisitions received from onboard vessels to inventory levels across your entire fleet.
Optimize Workflows
Automate requisition and procurement processes, streamlining communication between vessels, shore-based staff, and vendors.
Control Costs
Benefit from an advanced budgeting engine that empowers informed purchasing decisions and optimizes vendor selection.
Maintain Inventory Control
Manage spare parts and stores efficiently, with features like barcode scanning, location-based management, and filtering/exporting capabilities.
Key Features of Our Supply Chain Management System
- Well-structured Stores and Inventory: Organize stores and spare inventory with ease.
- Traceability and Hierarchy: Strong hierarchical structure for component traceability.
- IMPA Code Integration: Option to integrate IMPA Codes for standardization.
- Flexible Requisition Modes: Various modes for creating service, spares, and store requisitions.
- Automated Updates: Automated ROB updates and controlled consumption via PMS.
- Advanced Purchase Cycle: Includes purchase and technical approval functions.
- Approval-based Control: Stringent control over purchase order values with a defined hierarchy.
- Leave Management and Vessel Re-allocation: Efficient management of leave and vessel re-allocation.
- RFQ and Quote Comparisons: Easily maintained RFQs and quote comparisons for multiple vendors.
- Multiple Currency Management: Handles transactions in multiple currencies.
- Generate POs Without RFQ: For pre-agreed services like 3rd party inspections and audits.
- Budget Control: Budgets are maintained and controlled through the system.
- Vendor Communication: Various emailers and soft forms for vendor communications.
- Vendor Management: Manage and evaluate vendors through the system.
- Vendor Portal: Manage RFQs, POs, delivery orders, and invoices.
- Integration with Finance and Accounting: Seamless integration with finance and accounting modules.
The Challenges of Traditional Procurement
Managing a complex maritime supply chain can be challenging. Traditional methods often involve:
- Difficulties in tracking requisitions, purchase orders, and inventory levels across various vessels and locations.
- Paper-based processes can lead to delays, errors, and communication breakdowns.
- Without proper controls, purchasing decisions may not be optimized for cost-effectiveness.
- Excessive stockpiling or stockouts can significantly impact operations and finances.