Glossary
The words, defined plainly.
Short definitions of the inventory, purchasing and accounting terms used across SuppliFlex, with an example for each.
Exception inbox
One queue for every discrepancy, conflict and failed sync, each with its cause and a fix.
FEFO
First expired, first out: pick the lot with the earliest expiry date, not the oldest receipt.
Landed cost
The full cost of a unit once it reaches your shelf: price plus freight, duties, insurance and fees.
Real-time inventory sync
Stock levels that update across every channel and location within seconds, not in a nightly batch.
System of record
The one system whose answer counts when other systems disagree about the same data.
Three-way match
Checking a supplier bill against the purchase order and the receipt before paying it.