This article lists the basic terminology that is used throughout the Method Platform.
Industry Catalog: A detailed dental supplies catalog of over 300k products maintained by Method
- Includes details (sku number/manufacturing part number) of the products, suppliers who carry them, photos, and pricing
Catalog: Lists of favorite products maintained by you
Inventory: Tracks supplies quantity on-hand and helps with reordering
- A consistent physical recording of products inbound & outbound
Request: A Request (purchase proposal) document which allows you to create a list of products to purchase in a consistent and organized way
- One Request can contain items from multiple suppliers and shows line item quantities and pricing
Approval Process: Process in which a predetermined workflow and designated approver review the submitted Request (purchase proposal)
- Approved: approver has reviewed and approved of the Request (purchase proposal)
- Declined: approver has reviewed and denied the Request (purchase proposal)
Purchase Order (or Order): A contract between buyer and seller for the purchase of supplies
- Issued by Method on your behalf to the supplier via electronic means
Receiving: Acknowledgement of physical receipt and acceptance of supplies at your location
- Products that do not exist in your current Inventory should be added via the Industry Catalog before acknowledging receipt of them
- Accepted items will automatically update your current Inventory quantities, as long as the item already exists in your Inventory