Procurement Basic Definitions
Procurement is the starting point of material flow. In the ready-mix model, raw materials like cement, aggregates, sand, water, and chemicals must be purchased efficiently, tracked properly, and cost accurately. AccFlex ERP manages this through a structured and integrated procurement process, beginning with essential definitions.
· Purchase Organization: Defines the structure and control the inventory management.
· Supplier Group: Categorizes suppliers into logical groups for better management, and reporting.
· Supplier: Defines each individual vendor or supplier from whom goods or services are purchased.
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