About MATERIAL MANAGEMENT

Entering Items into the System and generating Departmental Requisitions which must be approved by Operations and Finance Directors.

For all Approved Departmental Requisitions Storekeeper will Generate LPO (Local Purchase Order)and Sends for approval to Finance and GM.

Approved LPO’s are sent to supplier, Supplier sends Goods To internal Store. Storekeepers Generates GRN (Goods Receipt Note) for the received goods.

Suppliers Debit will be transferred to Account payable in Finance Controls.

Departments generate Cost center Requisition which must be approved by the concerned department head.

Store keeper has to issue goods for the respective approved Cost Center Requisition.

Some other Departmental Operations like Closing stock entry, Cost Center returns, Cost Center stock transfers, CR DR Note [Credit/Debit Note], GRN Modification, Resend Rejected LPO for approval & Purchase returns.

Reports like GRN & LPO Details, Store reports like Stock Details, Cost Center consumption details, Monthly consumption details, Item price inflation analysis, Supplier price analysis, Current Stock, Stock as of date, Item Bin card, ETC.