In every Manufacturing Organisation Purchase Department play a vital role in managing production. Effective Purchase Planning helps in managing finances by keeping proper check on stocks.
In our ERP, purchase data flows right from Indent preparation to Purchase Order generation. Indent can be generated by any department but need to be authorised by Stores Department incharge who can either accept or amend or reject indent after viewing stock position of each indented item. Our ERP takes care of all amendments and indent cancellation, and can generate reports for management to analyze data as and when required. Authorized Indent print will show current stock position, Last PO Rate, Last PO Discount% , Last PO Number and date , Monthly Consumption of each indented item.
After Authorization from Stores Department, Indent will move to Purchase Department for Purchase Order Preparation. Here Purchase officer will input best prices of each item and can also view details of transactions of each item so that he can compare prices at the time of raising Purchase Order. This Purchase Order will move further for authorization from senior officer who can amend , cancel or authorize Purchase order.
The user can also raise Purchase Schedules for those items which require regular supplies from vendor and all the purchase parameters are same except quantity. Purchase Schedules are of two types Monthly and Weekly. Management can view Indent v/s Purchase v/s Material Received report for proper control of Stores and Inventory.