Realx ERP for
Real Estate and Construction being very large capital intensive industry, it is important to control material inventory using effective supply chain management system. RealxERP streamlines supply chain and inventory management function in a simplified way. RealxERP Supply Chain Management (SCM) module ensures end to end communication and transparency among Project Site, Store and Vendor.
Material Receipt Note (MRN)
Goods Receipt (GRN)
Purchase Requition: Generation of requisition / indent based on the project plan defined.
MRN and GRN: Material sent by vendor will be received by the Store. Here we have two subsequent process called MRN and GRN. As par of GRN quality check will be made and the Accepted quantity will be updated in the stock.
Material Indent: Store person also can request to the purchase department for the materials to be purchased either based on requisition request from the site or based on the availability versus demand of the material in the stock. Request to the purchase department by the store is done through Indent Process.
Issue of the Material: Material is issued against requisition.
Stock reconciliation is done through tracking all GRN's & issues.
Verifying the requisition against estimation, project plan & accordingly process it.
Supplier registration & mapping materials with Supplier.
Verifying material requisition / indents from site verses estimates and then approve.
Floating Request For Quotations (RFQ) and Generate quote comparison against material rate.
Create purchase order with terms and condition. Rate will be picked up from the latest approved quotation rate.
Once PO is approved, PO copy can be mailed to the Vendor with PDF attachment.
Purchase bill is created against accepted quantity. We also capture the vendor invoice details and we can upload the soft copy of the vendor invoice.
Po payment certificate: pick multiple bills for a specific vendor and create payment certificate with cheque number, cheque date, amount paid etc.
Purchase controls and optimizing inventory holding cost thus a goal achieved towards just in time.
No manual intervention, automated subsequent process workflow avoid unnecessary delays in material procurement.
Better supplier management and grading – competitive quote and up to date pricing, improves value for money.
Transparent process helps managing unexpected delay with real time workflow monitoring.
Complete cycle of material management from estimation to indent to purchase to delivery of material, stocking and issue.
Most of the high ticket consumer products see long sales cycles. Automobile and Real Estate are two best industries supporting this fact. While you don't buy a car every month, most certainly you wouldn't buy a house either. It is imperative that these sectors keep a close eye on their lead flow and lead conversion rate to stay afloat and be profitable. A lead is a potential interest by a buyer to buy a product or commodity. Read More >>
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