Procurement (Internal/External)

The purchasing area provides the ability to determine possible sources to supply materials/services, the actual procurement of these materials/services, tracking the delivery from vendors, and monitoring the payments to those vendors. Within purchasing are the vendor master records, requisitions, requests for quotes, conditions and prices, purchase orders, and vendor confirmations among many other objects.

This module is used for Procurement Handling and Inventory Management. Materials management (MM) is integrated with other modules such as SD (Sales & Distribution), PP (Product Planning) and QM (Quality Management).

Procurement module help us to identify and negotiate with suppliers by analyzing various facts like landing cost, taxes, freight cost, and lead time.

By considering all this and Share of Business, system if required, can automatically place PO to selected vendors after receiving Customer PO. System even will calculate shortages based on Customer PO.

It can prepare schedules for vendors according to our plan
  • Master Record for vendors
  • Vendor Evaluation
  • Vendor wise different rate for item
  • Vendor wise tax structure
  • Purchase Enquiry/RFQ
  • Purchase Quotation
  • Purchase Requisition
  • Approval Of Purchase Requisition
  • Purchase Order : - Product/Services
  • Approval Purchase Order
  • Order Confirmation
  • Amendment to Purchase Order
  • Purchase Order Schedule
  • Share of Business to create Predefined Purchase Orders to Vendors
  • Subcontracting Order
  • Transfer Order
  • Scheduling Agreement