The Priority system supports the entire purchasing process — from the creation of purchase requisitions (recommendations), to the opening of requests for quotes from vendors, to the recording of received quotations, to the opening of purchase orders, and finally to the receipt of goods and their billing. Priority's Purchasing module is linked to the Financials, Marketing and Sales, Project Management, Inventory and Production modules.
Purchase orders are generated from the results of purchase planning once a
decision has been reached as to what quantities are to be purchased, when,
and from which vendor. The purchasing manager receives from Priority a
wealth of information on which to base decisions and plan the execution of the
necessary purchases, including the performance history of each vendor (e.g.,
supply and delivery, past prices, proven quality), price quotation comparisons,
current inventory levels and projected balances. Prices and discounts are filled in automatically, taken from a blanket order, a price quote, a price list, purchase costs manually entered in a sales order, the part's purchase price, or the part price in the previous order. The source of the price is displayed in the line item.