Welcome to this knowledge article, where we will provide you with a comprehensive list of the basic terminology used throughout the Method Platform.
Industry Catalog: The industry catalog is a comprehensive collection of dental supplies, consisting of over 600k products, meticulously curated and updated by Method.
- Provides information on the products including SKU numbers, manufacturing part numbers, suppliers, photos, and pricing.
Catalog: Personalized lists of preferred products curated by you.
Inventory: Keeps a record of the quantity of supplies currently available and assists with the process of reordering items.
- A consistent record of products received and shipped.
Request: A Request (purchase proposal) document that enables you to systematically and efficiently create a list of products for purchase.
- A single Request has the ability to include items from various suppliers, providing a clear display of quantities and pricing for each line item.
Approval Process: The approval process involves a predetermined workflow and a designated approver who reviews the submitted Request (purchase proposal).
- Approved: The approver has carefully reviewed and given their approval for the Request (purchase proposal).
- Declined: The approver has carefully reviewed and rejected the Request (purchase proposal).
Purchase Order (or Order): A purchase order, also known as an order, is a legal agreement between the buyer and seller for the procurement of supplies.
- Method issues the purchase order on your behalf to the supplier electronically.
Receiving: Confirmation of physical receipt and acceptance of supplies at your designated location.
- To include products that are not currently in your Inventory, simply navigate to the Inventory tab and select the Add option.
- Accepted items will update your current Inventory quantities automatically if the item is already present in your Inventory.