Purchase Management

Streamline your MRO procurement with iFactory's powerful purchasing management system. Create purchase orders, manage demand parts, track vendors, and control spending – all from one unified platform.

60% Faster Procurement 30% Savings 100% Visibility
● Live
Purchase Management Dashboard
This Month • All Locations
AI Active
18 Open POs
7 Pending
42 Received
$48.2K This Month

Recent Purchase Orders

PO-2026-0142 • Hydraulic Parts Industrial Supply Co. • $1,245
Received
PO-2026-0143 • Electrical Components ElectroParts Global • $867
In Transit

Complete Procurement Solution

5-Step Procurement Workflow

From demand request to parts receipt, iFactory automates your entire MRO procurement lifecycle with approvals, vendor management, and cost tracking at every step.

1
Request

Create demand parts with priority, quantity, and asset linkage.

2
Approve

Manager review with multi-level approval workflow.

3
Order

Convert demands into POs with vendor, items, and costs.

4
Receive

Verify delivery, inspect parts, and update stock levels.

5
Analyze

Track spend, vendor performance, and procurement KPIs.

60% Faster Procurement
100% Spend Visibility
Approval Controls
Mobile Requests

Demand Parts

Create & Prioritize Parts Requests

Empower technicians to request parts directly from the field. Create detailed demand requests with title, material, quantity, priority, and link them to specific assets and work orders for complete traceability.

Quick Part Requests

Create demand requests in seconds from web or mobile app.

Priority Levels

Set Low, General, or Emergency priority for fast-tracking.

Material Selection

Select from inventory catalog with auto-populated specs.

Asset & WO Linking

Link demand parts to assets and work orders.

Demand Parts
+ New Request

Create New Demand Part

Title *
Hydraulic Pump Seal Kit
Priority
Low
Status
Open
Material *
Seal Kit - HYD-2045
Qty *
5
Asset
Hydraulic Press #HP-001
Work Order
WO-2024-0892

Purchase Orders

Create & Manage Purchase Orders

Convert approved demand requests into comprehensive purchase orders. Add vendors, multiple line items, track costs accurately, and manage the full PO lifecycle from creation to parts receipt.

Complete PO Details

Title, due date, notes, shipping, and vendor details.

Multiple PO Types

Equipment, Parts, Services, and custom categories.

Multi-Item Support

Add line items with qty, unit cost, and auto totals.

Vendor Management

Select vendors from database with performance history.

Create Purchase Order
New PO
Title *
Hydraulic System Parts Order
Due Date
25-03-2026
Priority
General
Type
Parts
Vendor
Industrial Supply Co. – Houston, TX

Approval Workflow

Multi-Level Approval & Status Tracking

Built-in approval workflows ensure proper oversight of all maintenance spending. Demand requests flow through manager review, and purchase orders follow configurable approval chains before reaching vendors.

Manager Review

All requests reviewed before purchase, with comments.

Spend Thresholds

Auto-route high-value POs to senior approvers.

Real-Time Notifications

Instant alerts when approvals are pending or completed.

Complete Audit Trail

Full history of who approved what, when, and why.

Approval Center
Workflow

Demand Parts Status Flow

OpenSubmitted
ApprovedReady
ClosedCompleted
DeniedRejected

PO Status Lifecycle

Open → Approved → Sent to Vendor → In Transit → Received ✓

Pending Approvals

PO-0145 • $2,340Requested by J. Smith • 2 hrs ago
Pending
DM-0298 • Emergency BearingRequested by M. Wilson • 45 min ago
Emergency

Cost Tracking

Procurement Cost Control & Budget Management

Track every dollar spent on MRO procurement. Analyze costs by vendor, asset, department, or time period. Identify cost-saving opportunities and maintain full budget visibility across all purchase orders.

PO Cost Tracking

Line items with qty, unit cost, and auto total calculations.

Spend Analytics

Reports by vendor, asset, department, and time period.

Budget vs Actual

Compare spending against allocated budgets in real-time.

Zero Unauthorized Spend

Approval controls prevent unauthorized purchases.

Procurement Spend
This Quarter
Total Spend$142K
Budget$165K
Remaining$23K

Spend by Vendor

Industrial Supply Co.$52,400
ElectroParts Global$38,200
HydraFlow Systems$28,600
Others (4 vendors)$22,800
Budget Utilization 86.1%

Receiving & Documents

Parts Receipt, Inspection & Document Management

Verify deliveries against purchase orders, inspect received parts for quality, and automatically update stock levels. Attach quotes, invoices, packing slips, and contracts to keep all procurement documentation organized.

Goods Receipt

Verify delivery against PO line items and quantities.

Quality Inspection

Inspect received parts before accepting into inventory.

Auto Stock Update

Inventory levels update automatically on receipt.

File Attachments

Attach quotes, invoices, packing slips, and contracts.

Goods Receipt
Receive

PO-2026-0142 • Hydraulic System Parts

ItemOrderedReceivedStatus
Seal Kit - HYD-204555
Hydraulic Filter22
O-Ring Set108Partial

Attached Documents

Invoice_0142.pdf Quote_ISC.xlsx PackingSlip.jpg
Auto: Inventory updated – 5x Seal Kits + 2x Filters added to WH-A

Vendor Performance

Supplier Tracking & Procurement Analytics

Track vendor reliability with on-time delivery rates, quality scores, and pricing history. Make data-driven supplier decisions, compare vendor performance, and negotiate better terms backed by real procurement data.

On-Time Delivery Rate

Track delivery performance for each vendor.

Quality Scores

Rate vendors on quality, pricing, and responsiveness.

Price History

Track pricing trends and negotiate better terms.

Vendor Comparison

Compare suppliers side-by-side on key metrics.

Vendor Analytics
Performance

Vendor Performance Scorecard

Industrial Supply Co.★ 4.9
On-Time: 96%Quality: 98%23 POs
ElectroParts Global★ 4.7
On-Time: 92%Quality: 95%18 POs
FilterTech Industries★ 3.8
On-Time: 78%Quality: 85%12 POs
AI: FilterTech on-time rate below 80% – 2 alternate suppliers available at similar pricing

Seamless Integration

Connected to Your Entire Operation

Purchasing management integrates seamlessly with inventory, work orders, assets, and accounting for end-to-end procurement visibility.

Inventory

Auto-update stock

Work Orders

Link parts to jobs

Assets

TCO tracking

Vendors

Supplier management

Analytics

Spend reports

ERP / SAP

Accounting sync

Industries

Procurement for Every Manufacturing Vertical

Whether you procure MRO parts, production materials, or contracted services – iFactory adapts to your industry's unique purchasing requirements.

Automotive

JIT procurement, supplier kanban, and blanket POs.

Pharma & Life Sciences

Validated suppliers, audit trails, and GMP procurement.

Food & Beverage

FSMA-compliant sourcing, ingredient traceability.

Electronics

Component sourcing, long lead-time tracking, BOM buys.

Energy & Utilities

Critical spare procurement, emergency POs, outage buys.

Facility Management

Service contracts, HVAC parts, janitorial supplies.

Chemicals & Process

Hazmat procurement, SDS management, batch materials.

Aerospace & Defense

Certified parts sourcing, ITAR compliance, serialized POs.

Latest Posts

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Proven Results

What Teams Achieve with iFactory Purchasing

60%
Faster Procurement

Digital workflows replace paper forms and email chains.

30%
Cost Savings

Better vendor negotiation backed by real procurement data.

100%
Full Visibility

Every purchase tracked from request through receipt.

Zero
Unauthorized Spend

Approval workflows prevent unapproved purchases.

FAQ

Frequently Asked Questions

Everything you need to know about iFactory's Purchase Management capabilities.

Demand Parts are internal requests for parts that need to be purchased. Technicians create demand requests to indicate what they need, with priority, quantity, and asset linkage. Purchase Orders are the official documents sent to vendors to procure the parts. In iFactory, you can link demand parts directly to purchase orders for complete traceability from request to receipt.

Yes, iFactory includes built-in approval workflows. Purchase orders follow configurable approval chains – from Open to Approved, Rejected, Closed, or Cancelled. Managers can review and approve POs before they're sent to vendors, with spend thresholds that auto-route high-value orders to senior approvers. Full audit trails track every approval decision.

Yes, iFactory's mobile app allows technicians to create demand part requests directly from the field. They can select materials from inventory, specify quantities, link to assets or work orders, set priority levels, and submit for approval – all from their smartphone or tablet. Push notifications alert managers when new requests arrive.

Yes, iFactory provides comprehensive cost tracking for all purchase orders. Each line item includes quantity and unit cost with automatic total calculations. You can track total PO value across all orders and generate reports on maintenance spending by vendor, asset, department, or time period. Budget vs actual comparisons help you stay within allocated budgets.

Yes, iFactory allows you to attach documents to purchase orders and demand requests. You can upload quotes, invoices, packing slips, contracts, and other relevant files. This keeps all procurement documentation organized and accessible in one place for easy auditing and reference.

When inventory reaches reorder points, iFactory can automatically generate demand part requests or purchase requisitions. When parts are received against a PO, stock levels update automatically. This closed-loop integration ensures your storeroom always has the right parts at the right time without manual intervention or duplicate data entry.

Yes, iFactory offers pre-built connectors for SAP, Oracle, Microsoft Dynamics, and popular accounting platforms. Purchase orders, vendor data, and cost information sync bi-directionally to eliminate duplicate data entry. SAP material groups, vendor numbers, and cost centers map directly to your ERP system for consistent financial reporting.

Most teams start creating purchase orders and demand requests within days of setup. Basic configuration including vendor import, approval workflows, and PO templates typically completes in 1–2 weeks. Full integration with ERP, accounting, and inventory systems takes 4–6 weeks. Teams become proficient within 1–2 hours of training thanks to intuitive, mobile-first interfaces.

Take Control of Your MRO Procurement

Create purchase orders, manage demand parts, track vendors, and streamline your entire purchasing workflow. Schedule a free 30-minute demo.

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