Each line of a purchase order has a required date and two vendor promised dates. These dates default to the purchase order date but should be entered and maintained by the purchasing department. A standard smartlist is provided to show overdue purchase order lines.
The system also records the first and last receipt date for each purchase order line. This allows you to report on a vendors historical performance by comparing the required and/or vendor promised dates to the receipt dates and calculating the number of times a vendor is late on delivery and the average lead time for each item.