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.
Advance Purchase Bill
Material Receipt Note (MRN)
Goods Receipt Note (GRN)
Purchase Bill & Recovery
Generation of requisition / indent based on the project plan defined.
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.
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.
Issue of the Material
Material is issued against requisition.
Stock reconciliation is done through tracking all GRN's & issues.
Requisition verified against estimation, project plan & processed accordingly.
Suppliers registered & materials mapped with supplier.
Material requisition/indents verified from site versus estimates and approved.
Floating request for quotations (RFQ) and quote comparison generated against material rate.
Purchase order created with terms and conditions. Rates picked up from the latest approved quotations.
Once PO is approved, PO copy mailed to the Vendor with PDF attachment.
Typically replies within an hour