Minimize purchase cycle
Managing your supply chain is key to keeping your execution on track. Realx ERP streamlines supply chain and inventory management function in a simplified way.
Supply Chain Management (SCM) module allows you to easily manage your purchases and helps you to reduce purchase cycle and administrative burden.
The purchasing module automatically checks inventory levels for shortfalls and initiates purchase orders on time.
Real Estate and Construction being very large capital intensive industry, it is important to control material inventory using effective supply chain management system.
SCM module ensures end to end communication and transparency among Project Site, Store and Vendor.
Purchase Requisition
Material Indent
Purchase Order
Advance Purchase Bill
Material Receipt Note (MRN)
Goods Receipt Note (GRN)
Stock Transfer
Material Issue
Issue Return
Inventory Stock
Purchase Bill & Recovery
Payment Certificate
Material BOQ
Customer Invoice
SCM Reports
Credit Note
Vendor Portal
1
Purchase Requisition
Generation of requisition / indent based on the project plan defined.
2
MRN and GRN
Material sent by vendor will be received by the Store, where subsequent processes, MRN and GRN, will follow. Post GRN quality check, accepted quantity will be updated in the stock.
3
Material Indent
Materials acquisition based on requisition request from the site or the availability versus demand of the material in the stock. Request to the purchase department by the store is done through the Indent Process.
4
Issue of the Material
Material is issued against requisition.
5
Stock reconciliation
Stock reconciliation is done through tracking all GRN's & issues.
1
Requisition verified against estimation, project plan & processed accordingly.
2
Suppliers registered & materials mapped with supplier.
3
Material requisition/indents verified from site versus estimates and approved.
4
Floating request for quotations (RFQ) and quote comparison generated against material rate.
5
Purchase order created with terms and conditions. Rates picked up from the latest approved quotations.
6
Once PO is approved, PO copy mailed to the Vendor with PDF attachment.
Most of the high ticket consumer products see long sales cycles. Real Estate are the sector supporting this fact. While you don't buy a car every month, most certainly you wouldn't buy a house either. read more blogs >>
