Professional Documents
Culture Documents
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Project
1. N iime iiof iithe iiStudent Mr. iiPr iin iiv iiR iijesh iiS iiw iint
4. Speci iiliz iition Oper iitions ii& iiSupply iiCh iiin iiM iin
iigement
5. B iitch 2020-2022
6. Institute BIMM
7. Semester Ist
9. iissignment iiNo. 2
iins). iiThe iidifferent iitypes iiof iipurch iising iiorg iinis iition iiin iiprocurement ii iire ii iis
iifollows: ii-
Need iito iim iiint iiin iidifferent iipurch iising iiorg iinis iition: ii-
Purch iising iiorg iiniz iition iiis ii iin iiindependent iiphysic iil iiorg iiniz iition iil iientity iiof
iim iiteri iil iim iin iigement iith iit iiresponsible iito iiprocure iim iiteri iils iior iiservices
iiwith iinegoti iition iiterms ii iind iiconditions iifrom iivendors iior iiintern iil iipl iint. iiIf
iithe iicomp iiny iiw iint iito iipurch iise iim iiteri iil iifor iimultiple iipl iints iith iin iithe
iicross-pl iint iipurch iise iiorg iiniz iition iiwill iibe iiinvolved. iiPurch iise iiorg iiniz iition
iiis ii iilso iiresponsible iifor iipurch iising iiprice ii iigreements iiwith iithe iiextern iil
iivendors. iiOne iipurch iise iiorg iiniz iition iic iin iibe ii iissigned iito iionly iione iicomp
iiny iicode. iiOne iicomp iiny iicode iic iin iih iive iione iior iimore iipurch iise iiorg iiniz
iitions ii iis iiper iirequirements iiof iiclient. iiIt iihelps iito iiperform iithe iit iisk iifor iipurch
iising iiprocess iiPurch iise iiorg iiniz iition iiis iithe iitop-level iiorg iiniz iition iil iielement
iiin iiS iiP iiMM.
Q2). iiIn iithe ii iibsence iiof iiERP iisystem, iiwh iit ii iire iithe iidifficulties ii iin iiorg
iiniz iition iim iiy iiencounter iiin iithe iiprocurement iiof iir iiw iim iiteri iil?
iins). iiIn iithe ii iibsence iiof iiERP iisystem, iithe iidifficulties ii iin iiorg iiniz iition iim iiy
iiencounter iiin iithe iiprocurement iiof iir iiw iim iiteri iil ii iire ii iis iifollows: ii-
Q3). iiWh iit ii iire iithe iiv iirious iibusiness iioper iitions iith iit iic iin iibe iisupported
iiby iiERP? iiExpl iiin iithe iiProcurement iito iiP iiy iicycle.
iins). ii iin iiERP iisystem iiis iim iide iiup iiof ii iipplic iitions ii iind iitools iith iit iihelp ii
iill ii iire iis iiof iiyour iibusiness iicommunic iite iiwith iie iich iiother iimore iieffectively.
iiERP iisystems iiintegr iite ii iill iif iicets iiof ii iin iienterprise iiinto iione iicomprehensive
iiinform iition iisystem. iiEmployees iiin iipl iinning ii iind iischeduling, iifor iiex iimple, iih
iive ii iiccess iito iithe iis iime iid iit ii ii iis iithe iist iiff iiin iifin iinci iil iim iin iigement iifor
iitheir iispecific iineeds. ii iill iid iit ii iiis ii iiv iiil iible iiin iire iil-time, iiwhich iien iibles
iiemployees iito iim iike iif iister, iimore iiinformed iibusiness iidecisions. iiWith iiERP
iisystems, ii iill iivit iil iibusiness iifunctions—estim iiting, iiproduction, iifin iince, iihum iin
iiresources, iim iirketing, iis iiles, iipurch iising—sh iire ii ii iicentr iil iisource iiof iiup-to-
the-minute iiinform iition. iiEnterprise iiresource iipl iinning iisystems iistre iimline iithe
iicollection, iistor iige ii iind iiuse iiof iiyour iiorg iiniz iition’s iid iit ii. iiThe iiright iiERP
iisystem iic iin iihelp iito iicollect ii iind iistore iid iit ii iiinto iione iicentr iilized iipl iice
iifrom ii iire iis iisuch ii iis: ii-
S iiP iiProcure iito iiP iiy iiprocess iiis iirequired iiwhen iiwe iineed iito iipurch iise iim iiteri
iils/services iifrom ii iin iiextern iil iivendor iifor iiour iicomp iiny. iiThis iiprocess iiincludes
ii iill iithe iibusiness iit iisks iist iirting iifrom ii ii iipurch iise iirequisition ii(PR) ii iind
iifinishing iiwith iip iiyment iito iithe iivendor. iiThe iievents iith iit iidetermine iithe iist iirt
iiof iithis iiprocess ii iire iirel iited iito:
M iiteri iil iirequirement iipl iinning ii(MRP) iifrom iiW iirehouse iiM iin iigement
iito iiensure iiminimum iim iiteri iil iistock ii iind iitools iiqu iintities iiin iithe iiw
iirehouse.
Pl iint iiM iiinten iince iim iiteri iils, iitools, iiextern iil iiresources, iiservices iipl iin
iito iiprocure ii iill iithe iiresources iineeded iito iim iin iige iiPl iint iiM iiinten iince
iiin ii ii iiproper iiw iiy.
Other iiprocurement iineeds iicoming iifrom iidep iirtments iiof ii ii iicomp iiny.
To iist iirt iithe iiprocess, iiit iiis iinecess iiry iito iicre iite ii ii iiPurch iise iiRequisition
ii(PR), ii ii iidocument iith iit ii iillows iipeople iiworking iiin iiv iirious iidep iirtments iiof ii
ii iicomp iiny iito iispecify iithe iigoods iior iiresources iith iit iih iive iito iibe iipurch iised.
iiThe iiprocess iiends iiwhen iithe iip iiyment iito iithe iivendor iiis iibooked.
S iiP iiprocure iito iip iiy iiprocess iiutilizes iithe iifollowing iitr iins iictions ii iind
iidocuments iiin iiS iiP iiERP: ii-
6. Goods iiReceipt
Goods iiReceipt iiis iithe iistep iiin iithe iiprocurement iicycle iiwhere iithe ii iictu iil
iigoods iiordered iivi ii ii ii iiPurch iise iiOrder/Contr iict iiRele iise iiOrder ii iire
iireceived iiby iithe iicomp iiny ii iind iiit iiis iichecked iifor iithe iirequired iiqu iility
ii/ iiqu iintity. iiIf iithe iigoods iiqu iility iimeets iithe iirequired iicriteri ii, ii ii
iiGoods iiReceipt iitr iins iiction iiis iiposted iiin iithe iiS iiP iisystem iiwith
iireference iito iithe iiPurch iise iiOrder ii/ iiContr iict iiRele iise iiOrder. iiThis iitr
iins iiction iih iis iidu iil iieffect iiof iich iinging iithe iistock iiqu iintity ii(for
iientered iim iiteri iils) ii iind ii iit iithe iis iime iitime iientry iiin iithe iifin iinci iils
iimodule iiis ii iilso iip iissed iifor iithe iidebiting iithe iistock ii iig iiinst iithe iip iiy
iibles iito iithe iivendor.
7. Service iiEntry
Service iientry iicertifies iith iit iithe iirequested iiservices iifrom iithe iiPurch iise
iiOrder/Contr iict iiRele iise iiOrder iih iive iibeen ii iictu iilly iidelivered/rendered. ii
ii iiconfirm iition iiwith iithe iirequired iip iir iimeters iiis iientered iion iithe iiservice
iientry iisheet iiwhich iiis iithen iirouted iivi ii ii ii iiworkflow iito iithe iirequired
iilevels iifor iiconfirm iition ii iind iithe iifin iil ii iipprov iil.
9. P iiyment
If iithe iiinvoice iiis ii iipproved iivi ii iiworkflow, iithe iil iist iistep iiin iithe iicycle
iiof iipurch iising iiis iithe iip iiyment iito iithe iivendor. iiThis iiis iidone iiby
iientering ii ii iitr iins iiction iiin iithe iiS iiP iisystem iic iilled iithe ii“ iiutom iitic iiP
iiyment iiRun”, iiwhich iiis iiusu iilly iitriggered iiperiodic iilly iib iised iion iithe iip
iiyment iiterms ii/ iidue iid iites ii iis iimentioned iiin iithe iipurch iise iiorder. iiThe
iiresult iiof iithe iip iiyment iirun iic iin iibe ii ii iicheck iiprinted iivi ii iiS iiP iifor
iithe iiintended iivendors iior iithe iiresults iiof iithe iip iiyment iirun iic iin iibe
iiexported iito iiextern iil iisystems iifor iionline iib iinking iiport iil iivi ii iiwhich
iithe iivendor iip iiyments ii iire iitr iinsferred iielectronic iilly.
Q4). iiDr iiw ii iind iiexpl iiin iiwith iiex iimple iihow iiS iiP-Purch iise iicycle ii iind iiS
iiP-S iiles iiCycle ii iire iiintegr iited.
iins). ii
Suppliers (MM Module)
Shipment
M jteri jl Receipt Inventory
Customer Invoice
Supplier Invoice
P jyment P jyment
Integr iition iibetween iiS iiP-Purch iise iiCycle ii iind iiS iiP-S iiles iiCycle: ii-
1. When iiyou iicre iite iis iiles iiorder iiin iiSD, ii iill iithe iidet iiils iiof iithe iiitems ii
iire iicopied iifrom iiM iiteri iil iim iister iiof iiMM.
2. MRP ii iind ii iiv iiil iibility iicheck iirel iited iid iit ii iiis ii iilso iit iiken iifrom iiMM
ii iilthough iiyou iicontrol iithis iid iit ii iiin iiSD ii iilso.
3. While iiyou iicre iite iiinbound/outbound iidelivery iiwith iireference iito ii ii iis iiles
iiorder, iithe iishipping iipoint iidetermin iition iit iikes iipl iice iiwith iithe iihelp iiof
iithe iilo iiding iigroup, iipl iint iid iit ii, iishipping iiconditions iietc. iiThis ii iilso
iirefers iito iiM iiteri iil iiM iister.
4. The iim iiteri iil iiwhich iiyou ii iire iientering iiin ii ii iis iiles iiorder iimust iibe
iiextended iito iithe iis iiles ii iire ii iiof iiyour iis iiles iiorder/customer iiotherwise
iiyou iic iinnot iitr iins iict iiwith iithis iim iiteri iil.
Q5). iiTop ii5 iife iitures iiyou iithink iishould iibe iibuilt iiin iithe iiERP iisystem iiso
iith iit iiit iiwill iihelp iiorg iinis iition iito iiperform iibetter. iiHighlight iithe iiproblem
iie iich iife iiture iiwill iisolve iior iithe iiv iilue- iidd iiit iiis iigoing iito iioffer. ii
iins). iiTop iifive iife iitures iiwhich iic iin iibe iibuilt iiin iithe iiERP iisystem iiso iith iit iiit
iiwill iihelp iithe iiorg iiniz iition ii iire: ii-
1. Integr iition
This iiERP iifunction iility iiis ii ii iim iijor iip iirt iiof iiwh iit iim iikes iithis
iisolution iidifferent iifrom iiother iitypes iiof iisoftw iire. iiWhile iim iiny iist iind
iilone iisolutions iibo iist iitheir ii iibility iito iiintegr iite iiwith iiother iisystems,
iithere’s iinothing iilike ii ii iisuite iiof ii iipplic iitions iibuilt iito iiwork iitogether.
iiIntegr iition iiensures iithe iinumerous iic iip iibilities iioffered iiby iiERP iisystems
iiwork iitogether iih iirmoniously. iiERP iiprovides ii ii iifully-integr iited, iiintuitive
iipl iitform iithrough iiwhich iiyou iic iin ii iin iilyse, iimonitor ii iind iiconduct iithe
iim iijority iiof iid iit ii-driven iit iisks. iiThrough ii ii iisingle iid iit iib iise, iiERP
iicollects, iistores ii iind ii iin iilyses iid iit ii ii iicross ii iill iidep iirtments. iiThis
iiensures iise iimless iicommunic iition iiwithin iiyour iiorg iiniz iition. iiComp iinies
iitod iiy iino iilonger iih iive iito iiwork iiin iisilos, iith iinks iito iiERP. iiWorking
iifrom ii ii iisingle iisource iiof iiinform iition iireduces iithe iidiscrep iincies
iibetween iiyour iite iims ii iilong iiwith iithe ii iissoci iited iierrors ii iind iicosts.
2. iiutom iition
ERP iic iip iibility ii iiutom iites iicommon iitedious iit iisks iiincluding iiorder
iientry, iip iiyroll, ii iiccounting, iiinvoicing, iireporting ii iind iimore. ii iiutom iition
iicuts iidown iithe iim iiny iihours iiyour iist iiff iiwould iitypic iilly iispend iion
iithese iiprocesses, ii iillowing iithem iito iifocus iion iimore iiimport iint ii
iissignments. iiOptimizing iiyour iiemployees’ iitime iiensures iimore iieffective
iiworkd iiys. ii iiutom iiting iiyour iiprocesses iic iin ii iilso iireduce iihum iin iierror.
iiWhen iiyour iiemployees ii iire iispending iithe iim iijority iiof iitheir iid iiy iirepe
iiting iithe iis iime iit iisk iiover ii iind iiover, iithey’re iibound iito iim iike ii ii iimist
iike iior iitwo. ii iiutom iition ii iillows iid iit ii iito iibe iisent iifrom iione iip iirt iiof
iithe iisystem iito ii iinother, iiwithout ii iiny iich iince iiof iierror.
3. D iit ii ii iin iilysis
Since ii iin iiERP iiis ii iilre iidy iicollecting ii iind iiprocessing iid iit ii iifrom ii iill
iiyour iibusiness iifunctions, iiit iim iikes iisense iito iic iipit iilize iion iith iit iiinform
iition iithrough ii iin iilysis. iiPut iisimply, iithis iiERP iifunction iifinds iitrends ii
iind iip iitterns iiin iiyour iiprocesses. iiThis iien iibles iiusers iito iireflect iion iithe
iieffectiveness iiof iicert iiin iit iisks, iiin ii iiddition iito iiproviding iiforec iists iifor
iifuture iibusiness iidecisions. iiERP ii iin iilyses iid iit ii iirel iiting iito ii iill
iibusiness iioper iitions, iiincluding iiclient iid iit ii, iiproduction iist iitistics, iis iiles
iid iit ii ii iind iimuch iimore. iiFor iiinst iince, ii iin iiERP iic iin iihelp iiyou iipredict
iidem iind, iicre iite ii ii iibudget ii iind ii iin iilyse iiyour iiHR iifunctions. iiD iit ii ii
iin iilysis iioffers iie iisy ii iiccess iito iivit iil iibusiness iid iit ii ii iind iigives iiyou
iithe iitools iiyou iineed iito iitr iick iiorg iiniz iition iil iiproductivity ii iind
iiefficiency.
4. Reporting
M iiny iipeople iiuse iithe iiterms ii“reporting” ii iind ii“ iin iilysis” iisynonymously
iiwhen iit iilking ii iibout iiERP. iiWhile iithis iiisn’t iitypic iilly ii iin iiissue, iiit’s
iistill iiv iilu iible iito iidistinguish iibetween iithe iitwo. iiYou iic iin iithink iiof
iiERP iireporting iic iip iibility ii iis iithe iitools iineeded iito iiconvey ii iin iilysis iito
ii iin iiend iiuser. iiThese iitools iioften iiinclude iicustomiz iible iid iishbo iirds, iiG
iintt iich iirts, iipie iich iirts, iib iir iigr iiphs ii iind iiother iivisu iil iirepresent iitions.
iiM iiny iisystems ii iilso ii iillow iiusers iito iirestrict ii iiccess iito iireports,
iiprotecting iiv iilu iible iicomp iiny iiinform iition.