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Stocks and Purchases Management is crucial, as the performance in this area has direct outcomes in financial and operational results. The adoption of a faster, simpler and flexible stocks & purchase tool solution is essential to support the decision to buy, what to buy, from whom and in what quantities. SISTRADE provided to its customers a system for stocks and purchases management flexible, with exponential solutions, adjustable to accommodate your company rules and create an actual generation of business management scenario for a faster and more stable growth of your enterprise.
Why Sistrade Stocks & Purchases Management module?
> Reduction of time consumed
> Customized and versatile solutions
> User friendly
> Good cost opportunity
> Management tools via web provide total control of all processes regardless of geographical location
> Understand data to capture the 360º view of the company through Dynamics Dashboards
Supplier Management is responsible for managing suppliers' prices. Through supplier management, your company can see all information to support the supply chain decisions as well as the internal data from its suppliers.
MRP - Material Requirements Planning
Material Requirements Planning is an analysis program with an algorithm that allows purchase planning and inventory control. This means that it is a time-phased priority planning technique to determine what material should be ordered and when. This tool is organized in logical stages to ensure the availability of components, materials, and products to create automatic job orders for production.
Orders -> Job orders
In purchase management, the system analyzes the needs of a warehouse warning for stock replacement. You can require a purchase and through the list of needs, the system issues the purchase to the supplier. The purchases could be controlled through an analysis of the status of order fulfilment. The application can issue statements with deliveries of materials and their barcodes to be used at the reception of the material. By reading the bar code system records the entry of the material, automatically rendered in stock movements.
Stocks management by Sistrade® MIS|ERP provides real-time monitoring and maximizes your benefits from just in time inventory. It is a complete stocks solution that covers the entire stock business cycle in order to accelerate the growth of your business and control all aspects of your inventory.
To value the exits and transfers of raw and WIP materials it is necessary to set the valuation mode associated with each article/group of articles. This definition is used for each stock movement and focuses on one of the four possible valuation modes:
- Average article price
- Average warehouse price
- Purchase price
- Standard cost
The defined mode is responsible for obtaining the unit cost of the materials incorporated in the different job orders throughout the production process.
In terms of article stock movement, all movements are valued, according to the stock entry or exit valuation method. The definition of the valuation method must be made according to each business process.
Regardless of the valuation system adopted, it is important that there is a correct definition of all direct costs. These costs represent the cost per hour of all resources involved in the operations. Labour costs should only be recalculated when there is a revision or initial definition of the cost of employees. To these costs, the material incorporation costs and the subcontracting costs that influence the material costs are added. Other costs incurred on the resource (economic operating costs) must be incorporated in the calculation of the hourly cost of the machine.
Sistrade® solution provides various standard reports for all of the areas of the ERP allowing quick access to key information on the company. Here are some examples of reports:
All modules have the most relevant indicators to be presented for each area, such as the total of invoicing in sales, the occupation of the stocks in the warehouses, approved production orders in production, the total of debit and credit in accounting, the number of active employees in human resources and many others.
With this important tool, users can analyze important information about the company filtered by:
- Week/month/quarter/semester/year/financial year and other periods
Sistrade® Business Intelligence system allows companies to gain more thorough knowledge about the factors that affect daily operations, thereby contributing to better decision-making in business. Managers are able to make more quick and assertive decisions, using the dynamic and appealing dashboards.
All the business analysis are displayed through information hubs:
- Financial and Administrative
- Sales Management
- Stocks & Purchases
- Production Management
- Quality Management
- Asset Maintenance
Watch the solution of Stocks & Purchases Management: