Store Management
Experience Streamlined Store Management with our ERP System
Our Store Management ERP system is designed to simplify your business operations. With powerful features such as real-time tracking, inventory control, and supplier management, our platform streamlines your inventory process, enhances accuracy, and minimizes costs.
Purchase Indent?
- What is a Purchase Indent?
A written document that outlines the goods or services to be purchased by a business.
- Why do we need a Purchase Indent?
To ensure purchases are made based on the needs of the business and to prevent over or under buying.
- How does it work?
Each department creates an indent based on their needs. The indents are then consolidated and analyzed for budget approval.
- Benefits of a Purchase Indent
Clear documentation, efficient tracking, and cost control.
Purchase Order (PO) Generation
Features
- Template-based PO generation
- Automatic email notifications
- Real-time tracking
Benefits
- Streamlined PO creation process
- Minimized errors and miscommunications
- Efficient tracking and reporting
Use Cases
- Purchasing raw materials
- Procuring office supplies
- Ordering equipment or machinery
Store Requisition
Requests made by different departments within an organization for materials that are needed for their operations.
The requisitions are sent to the inventory control team, who will update the inventory database and generate a Purchase Order.
Better inventory and budget control, reduction of wastage and redundancy, and fewer oversights.
Raw materials requests by the manufacturing department, office supplies requested by the HR department, and machinery requested by the maintenance team.
Material Consumption and Real-time Tracking
The act of using stock for production or sales purposes.
Efficient tracking and reporting of resource usage, timely reordering, better stock control, improved production scheduling and reduced wastage.
Using raw materials for production, utilizing resources for maintenance operations, and implementing Just-In-Time management.
Requisition Creation: Approval Workflow
step 2: Review Process Begins
Requisitions are sent to appropriate authorities for approval.
Step 1: Requisition Creation
Create a new requisition based on department needs.
Step 3: Approval or Rejection
Based on the budget, quality requirements and other parameters, the request will either be approved or rejected.
Inventory Adjustment and Loan Material Tracking
Inventory Adjustment: When do we need it?
When there is damaged inventory requiring removal, inventory that is unusable and needs to be disposed of, or adjustments needed due to production changes.
Loan Material Tracking
The feature allows loaning stock between various locations of a business. It enables better visibility, tracking and reconciliation of stocks between locations.
Benefits of using Inventory Adjustment and Loan Material Tracking
Better stock control, reduced wastage, accurate reporting, and improved supply chain management
Due Dates, Fine and Penalty Calculation, and Inventory Reconciliation
Due Dates
- Manage order deliverables
- Real-time tracking of delivery schedules
- Minimized delays and cancellations
Fine and Penalty Calculation
- Better control of vendors and suppliers
- Efficient automated calculations
- Improved contract management
- Efficient management of accounting records
- Automated and accurate inventory balance sheets and reports
- Improved internal auditing
Supplier Management and Evaluation
An efficient way to manage supplier contacts, contracts, payments, and orders.
The feature allows vendors to be rated and evaluated based on specific performance indicators (PIs). This helps determine which suppliers to continue to collaborate with and which ones to replace.
Better supplier relationships, improved contract management and accurate records, higher quality standards, procurement cost savings, and enhanced supply chain management.
