SITA MATERIAL MANAGEMENT SYSTEM
SITA Material Management System speeds up the procurement and material management activities. It helps organization to determine the availability of right material, in right quantity at right time and at right place. SITA Material Management System is the grouping of management functions supporting the complete cycle of material flow, from the purchase and internal control of materials to the planning and control of work in process distribution.
SITA MATERIAL MANAGEMENT SYSTEM
- Materials Requirements
- Purchasing
- Inventory Control
- Vendor Management
- Material Transfer
- Materials Handling
- Material issue to internal(Non Productive) & Sub Contractor
- Analysis of Data
MATERIALS REQUIREMENTS
identifying, quantifying and scheduling the acquisition of materials and equipment.
necessary function in any organization as inventory of materials involved about 60% of the total investment of the organization.
ACIL Material Management System Application Information Flow
Admin Module:
Admin will manage all the master categories :
PURCHASING
- Holds the responsibility for procuring goods for the project in alignment with the specifications and standardization.
FUNCTIONS:
- To select proper supplier for the materials requisitioned, before placing an order.
- The materials should be purchased in right quantity and quality at proper time and at cheapest cost as possible.
- To set proper purchase policy and procedures.
- Price Capping for set centralizing price of the items.
INVENTORY CONTROL
- method where all stocks of goods are properly and promptly issued, accorded and preserved in the best interest of the firm.
- monitor the stock of goods used for production, distribution and captive (self) consumption.
- Virtual Store
- Inter Site Transfer
- Inter Site Transfer
REPORTS
- Complete data analysis by the User any time any where
- Monthly Stock Position (MSP)
- Current Stock Availability
- Daily Material receipt
- Material Issue Report
- Issue Material to Sub Contractor
- Issue Material for Non Productive Work (e.g.fice)
- Issue requisition wise Report
- Receipt Report
- PO Vs Receipt Report
- Vendor wise Receipt Report
- Material Transfer Report
- Ageing (Movable /Non-Movable) Report
BENEFITS OF SITA MMS
- Complete data analysis by the User independently
- Monitoring deliveries from vendors.
- Efficient procurement planning.
- External service management.
- Vendor Management.
- Management of material stocks on a quantity and value basis.
- Entry and documentation of all goods movement.
- Better purchasing mechanism.
- Smooth inventory management.
- Helps you to select source of supply & monitoring of existing supply relationships.
- Vendor reliability
- Analyzes inventory quantities and controls warehouse transaction activity.
- Provides complete valuation of inventories and accounting for inventory consumption, accruals, and materials in transit.
- Manages the purchase of goods and services from the automatic generation of purchase orders and contracts from requisitions, approval of purchases, and status reporting through the matching of invoices.
- Manages, monitors, and controls the requisition process
SITA MATERIAL MANAGEMENT FEATURES
- Develop self query report by user.
- Real-time data access.
- Optimum utilization of Database.
- No skilled computer operator required.
- Accessible from Anywhere, anytime.
- Monitors the physical movement of inventory.
- Tracks approvals for purchase, material issue and transfers.
- Records quantity and item value.
- Tracks physical locations and sub-locations.
- Values by specific cost, average cost or standard costing methods
- Calculated freight charges and taxes.
- Automatically generate reminder for stock shortages.
- Stocking, reorder, physical inventory and stock usage reporting.
- Comprehensive inventory accounting and reporting.