When you place an order for a product, you want to get the best price available.

As you negotiate your price with your vendors, you can enter your cost into the cost field for the product.

 

 

What if I order the same products from different vendors with different prices?

Supply Inventory Manager allows you to tie vendors to products.  You can have multiple vendors for a product and assign one to be the primary vendor.

You can assign a different price to each product/vendor combination.

When you place an order for a product, the program will look at the vendor for the order and use the price to default the order price for that product.  Simply by selecting the vendor for the order you will always get the proper cost for whatever products you order for that vendor.  The cost is an optional field for the product so it can be used only for the products that can make use of it.  If there is no price for the product vendor combination, the order price will default to the cost field for the product.  If that is also blank the order price will default to the price of the last order placed, or 0 if no previous orders exist for this product.