Purchasing and supply chain
Purchasing and supply chain management are essential components of an ERP (Enterprise Resource Planning) system. ERP software provides robust functionalities to streamline and optimize purchasing processes and manage the entire supply chain efficiently. Some key features and capabilities related to purchasing and supply chain management in ERP systems include: Supplier Management: ERP systems enable organizations to manage supplier information, maintain supplier databases, evaluate supplier performance, and facilitate communication with suppliers. Purchase Requisition: Users can create purchase requisitions within the ERP system to initiate the procurement process. Requisitions can be routed for approval based on predefined workflows. Purchase Orders: ERP systems