Fourth Procurement and Inventory vs. Valogix Inventory Planner

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fourth Procurement and Inventory
Score 8.0 out of 10
N/A
Fourth Procurement and Inventory is software that ties together procurement, 3-way matching, inventory and recipe control. It’s fully integrated, mobile-friendly and can be accessed with a single login. Using predicted sales functionality and analytics, it lets the user forecast demand more accurately.N/A
Valogix Inventory Planner
Score 6.0 out of 10
N/A
Valogix Inventory Planner is an inventory management software offering from Valogix. It includes features such as forecast, plan, and optimize inventory and determines which items to stock and order.N/A
Pricing
Fourth Procurement and InventoryValogix Inventory Planner
Editions & Modules
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Offerings
Pricing Offerings
Fourth Procurement and InventoryValogix Inventory Planner
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Fourth Procurement and InventoryValogix Inventory Planner
Top Pros

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Top Cons
Best Alternatives
Fourth Procurement and InventoryValogix Inventory Planner
Small Businesses
Webgility
Webgility
Score 9.0 out of 10
Webgility
Webgility
Score 9.0 out of 10
Medium-sized Companies
QuickBooks Desktop Enterprise
QuickBooks Desktop Enterprise
Score 8.2 out of 10
QuickBooks Desktop Enterprise
QuickBooks Desktop Enterprise
Score 8.2 out of 10
Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Fourth Procurement and InventoryValogix Inventory Planner
Likelihood to Recommend
7.4
(4 ratings)
6.0
(1 ratings)
Support Rating
7.5
(4 ratings)
-
(0 ratings)
User Testimonials
Fourth Procurement and InventoryValogix Inventory Planner
Likelihood to Recommend
HotSchedules and Fourth
The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
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Valogix
Valogix is a good tool for a mid to large sized business who has a lot of SKUs and much data that needs to be analyzed to determine supply. It is best used by savvy people, as there is quite a learning curve to it. It integrates well with NetSuite, though I cannot speak to how well it may integrate with other ERP systems.
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Pros
HotSchedules and Fourth
  • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
  • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
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Valogix
  • Calculates how much it thinks you should have on-hand, based on demand and other factors.
  • Integrates with NetSuite to include all your demand, supply, item and location data.
  • Automatically determines seasonality for items.
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Cons
HotSchedules and Fourth
  • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
  • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
  • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
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Valogix
  • The UI for their product (web application) is weak.
  • Does not support multiple units of measure well.
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Support Rating
HotSchedules and Fourth
Too long to get an answer.
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Valogix
No answers on this topic
Alternatives Considered
HotSchedules and Fourth
No answers on this topic
Valogix
Compared to NetSuite's default demand planning module, Valogix shines. NetSuite's product is very weak, very manually-driven, and does not provide the precise level of control that Valogix does. We used NetSuite's module for a while before realizing it wouldn't work for us whatsoever. It might work for you if you have a simple product setup, few SKUs and only one location. But in that case, you probably don't need demand planning software anyway.
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Return on Investment
HotSchedules and Fourth
  • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
  • Integration: GL Integrations have increased the efficiency and quality of data.
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Valogix
  • It has begun to reduce time for us taken up by running manual spreadsheet calculations.
  • The training was time-consuming and difficult to onboard new users when we had turnover.
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ScreenShots

Fourth Procurement and Inventory Screenshots

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