ECAPS Purchasing management consists a group of application that controls purchasing of raw materials needed to build products and that controls the inventory. It also helps creating Purchase orders / contracts, supplier tracking , good receipt and payment , and requlatory compliance analysis and reporting.
Item Wise Purchase Requirement
Strategic Or Operational?
Repetitive Or Non-Repetitive
Automatic generation of PR when the reorder level or min max levels are reached.
Delivery Schedules
Determine sources, investigate, and select Vendor /analyze bids
Request for Quotation from Vendors
Quotation Analysis
Vendor Analysis according to past history of Vendor.
Issue Purchase Order with proper schedules of Payment and Delivery
Follow-up the order
Keeps track of pending Purchase Order
Receive and inspect the material
Create MRN/GRN on receipt of material.
Acceptance / Rejection of material after different quality checks.
Clearance of the invoice and payment to supplier
Matching of Purchase invoice with MRN and Purchase Order terms
