Procurement Management
Streamline Your Procurement Cycle with Our Advanced System
The procurement cycle for services or materials begins with identifying requirements from user departments or materials planning and control. Regular stock level checks, guided by master records and past usage forecasts, are crucial for effective management.
Key Features
Supply Source Identification: Swiftly identifies potential supply sources by analyzing past orders and existing long-term agreements leading to accelerate the RFQ process.
Vendor Selection and Quotation Comparison: Simulate various pricing scenarios and compare multiple quotations effortlessly.
Purchase Order Processing: Seamlessly convert requisitions and quotations into Purchase order solution with accuracy.
Purchase Order Follow-Up: Track the status of all requisitions, quotations, and orders in real time. automated reminders based on predefined intervals.
Goods Receiving and Inventory Management: Easy GRN, controlled over and under-deliveries and precise inventory management.
Benefits
Rapid RFQ Creation: Speed up the request process and improve efficiency.
Quotation Transparency: Ensure clear and straightforward approval processes.
Automated Delivery Timeline Checks: Keep track of deadlines with automated system checks.
Auto-Reminders for Pending Approvals: Prevent delays with timely notifications.
Controlled Quantity and Price Variance: Maintain budget and inventory control.
Efficient Vendor Performance Management: Monitor and optimize vendor relationships.
Transform your procurement process with our system-enhance efficiency, reduce delays, and achieve better control over your supply chain.