Material Management / SCM

MM (Material Management) one the biggest functional module in Reflection ERP. This module mainly deals with the Procurement Process, Master Data (Material & Vendor Master), Inventory Management, Valuation of Material & Account Determination, Material Requirement Planning, Invoice Verification etc. This module is highly integrated with several modules in Reflection.

Reflection Materials management (MM) covers all tasks within the supply chain, including consumption-based planning, planning, vendor evaluation and invoice verification. It also includes Inventory and Warehouse management to manage stock until usage dictates the cycle should begin again.

This is very important for Inventory Control. System can control plant inventory as well as vendor’s inventory. We can control vendor’s production plan as per our requirement. Also System can control WIP as per Plan through material issue and Master production Plan. Also system will generate entry for accounts payable automatically after entry of MRN. Following transaction help us in achieving effective control.

The inventory management component houses the material and service master records, and controls and tracks all the goods movements, receipts, issues, return receipts, stock transfers, reservations, physical inventory, stock determination, and batch handling. In addition, inventory management contains the actual costing material ledger that supports multiple currencies and valuations of a material as well as calculating an actual price from production.

  • Goods Receipt Note
  • Goods Receipt Inspection
  • Material Issue
  • Material Return from Shop
  • Delivery Challan
  • Internal/ External Sales
  • Delivery Challan Processing
  • Purchase Invoice Entry
  • Purchase Return Invoice Entry
  • Material / Stock Reconciliation at vendor
  • Stock management
  • Stock Adjustment
  • Rejection stock
  • Automatic Unit of Measurement Conversion
  • Stock Keeping Units for segregation of items on basis of its parameters.
  • Stock Reservation
  • Stock Transfer
  • Stock Reconciliation Entries
  • GRN Approval flow
  • Stock Waiting for Inspection