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Material Management
This module includes automated purchase requisition and order processing, handling storage, procurement and tracking raw material and finish goods.
By biCanvas
Category
Module Of Infrastructure
Last Update
20/12/2022
Language
English
Terms
View Term & Condition
Description
About Module
biCanvas ERP software for the material management module facilitates overseeing procurement, inventory control and logistics. It tracks material requirements, manages supplier relationships, optimizes inventory levels and facilitates seamless supply chain operations.This module integrates with other ERP functions to ensure timely material availability while minimizing costs and improving efficiency across production and distribution channels.
Key Features Of Module
Inventory Control
Monitoring stock levels, movement and location of material to ensure materials and product availability.
Procurement Management
It manages goods and services delivered within time with better quality and budget required for business operation.
Warehouse Management
Ensures the efficient stock handling, storage and movement of materials within a warehouse.
Material Requirement Planning (MRP)
Ensures materials are available in time with the required quantity. It helps minimize inventory costs, prevent shortages and optimize production schedules.
Supplier Relationship Management
Helps businesses build long-term supplier partnerships, negotiate better terms, and ensure quality & timely deliveries.
Tax Management
It involves reporting and automates tax calculation & filing, tax planning & optimization,financial reporting & analysis.
RESOURCE
Insights, Expertise & Media
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