Question

This module takes care of all press processes that are the part of procurement of items or raw materials that are required for organisation. This module consists of functionalities like supplier, vendor, sending quotation request to vendors, etc.

Options

• Purchase module

• Sales module

• Inventory module

• Human resource module

Answer 1

Purchase module

Explanation:

Purchase module takes care of all the processes that are part of procurement of items or raw materials that are required for organization. Purchase module consists of functionalities like supplier/vendor listing, supplier and item linking, sending quotation request to vendors, receiving and recording quotations, analysis of quotations, preparing purchase orders, tracking the purchase items, preparing GRNs (Good Receipt Notes) and updating stocks and various reports. Purchase module is integrated with Inventory module and Engineering/production module for updating of stocks.