Lasso’s procurement software tailored for the manufacturing industry addresses the unique demands of managing complex supply chains, raw materials, and production schedules. By streamlining purchasing processes, it ensures uninterrupted operations, cost efficiency, and quality control.

Optimized Supply Chain Management:
Coordinate procurement of raw materials, components, and equipment with production timelines. Real-time tracking ensures suppliers deliver on schedule, minimizing downtime.

Cost Control:
Monitor spending on materials and negotiate bulk pricing with suppliers using detailed spend data. This reduces production costs and keeps budgets aligned with manufacturing goals.

Improved Inventory Management:
Sync procurement with inventory levels to avoid overstocking or shortages of critical parts. Just-in-time ordering keeps warehouses lean while ensuring materials are available when needed.

 Enhanced Supplier Reliability:
Track supplier performance—delivery times, quality, and pricing consistency—to ensure dependable sourcing. This reduces risks of delays or defective inputs that could halt production.

Streamlined Bill of Materials (BOM) Procurement:
Automate purchasing for complex BOMs by linking specifications to supplier catalogs. This ensures all components are sourced accurately and efficiently for each production run.

Better Quality Assurance:
Integrate quality requirements into purchase orders and supplier evaluations. Procurement software flags non-compliant deliveries, ensuring inputs meet manufacturing standards.

Real-Time Data Visibility:
Access dashboards showing procurement status—open orders, incoming shipments, or spend trends. This transparency helps manufacturing teams plan and adjust production dynamically.

 Reduced Manual Errors:
Eliminate mistakes in ordering—like incorrect quantities or part numbers—through automated data entry and validation. This ensures precision in sourcing critical manufacturing inputs.

Compliance with Industry Standards:
Enforce regulatory requirements (e.g., ISO, FDA) and internal policies by embedding them into procurement workflows. This keeps manufacturing processes audit-ready and compliant.

Time Savings:
Automate repetitive tasks—like RFQ issuance, invoice matching, or supplier follow-ups—freeing procurement teams to focus on strategic sourcing and production support.

Risk Mitigation:
Identify and address supply chain risks—like single-source dependencies or supplier instability—using analytics and supplier management tools. This ensures continuity in production.

Scalability for Growth:
Handle increased production volumes, new product lines, or additional facilities effortlessly. The software scales to manage a growing network of suppliers and materials.

Support for Lean Manufacturing:
Enable lean principles by minimizing waste in procurement—ordering only what’s needed, when it’s needed. This boosts efficiency and reduces excess inventory costs.