Purchase Order Management:

● Creating and managing purchase orders for the procurement of goods and
services.
● Tracking the status of purchase orders from creation to fulfillment.
Inventory Management:
● Monitoring and updating real-time inventory levels.
● Managing stock levels, reorder points, and inventory valuation.
● Providing insights into stock movements, such as receipts, issues, and
transfers.
Vendor Management:
● Managing information related to suppliers and vendors.
● Tracking vendor performance and maintaining contact details.
● Recording and analyzing supplier transactions.
Receiving and Inspection:
● Recording the receipt of goods into the inventory.
● Conducting inspections and quality checks on received items.
● Updating inventory records based on the received quantities.
Invoice and Payment Processing:
● Managing supplier invoices and matching them with purchase orders.
● Automating invoice approval workflows.
● Facilitating payment processing and recording financial transactions.
Supply Chain Analytics:
● Providing reporting and analytics on supply chain performance.
● Analyzing key performance indicators (KPIs) such as lead times, order
fulfillment rates, and inventory turnover.
Integration with Logistics and Distribution:
● Coordinating with logistics and distribution processes to ensure timely
delivery of goods.
● Tracking shipments and managing transportation costs.
Demand Planning:
● Forecasting and planning for future demand based on historical data.
● Aligning procurement and production with anticipated demand.
Returns Management:
● Handling and processing product returns.
● Updating inventory records and financial transactions related to returns.
Compliance and Documentation:
● Ensuring compliance with regulatory requirements.
● Managing and storing relevant documentation, such as customs forms
and compliance certificates.