Purchase Management has a vital role to play, in a manufacturing organization. It procures the items/material required by an organization and thus fulfils the necessary item requirements of various departments. In case of shortage in stock or at reorder level, it deals with multiple suppliers in an endeavour to procure new stock and also makes sure that the material is procured in the best possible quality, cost & time.
The basic purpose of POSORBIS ERP Purchase Module is to streamline the functioning of procurement/purchase of inventory (raw-material), assign orders to suppliers and bill. POSORBIS ERP helps you maintain masters for various suppliers and their contacts, track purchases, get a complete purchase rate history etc. It systematically records all the details pertaining to various suppliers, purchase orders, purchase requests, quality checks, purchase returns and much more. It enables you to evaluate a supplier based on delivery time, quality of material and cost of procurement.
Vendor Management • Sourcing • Management of suppliers • Contract Management • Requisitioning • Payment • Purchasing • Management of price conditions of items / suppliers by quantity • Procurement suggestions management proposed by the requirements calculator • Purchase order management • Supplier Billing Management • Management of invoices supplier invoices
