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:

The purchase module handles all processes involved in procuring items or raw materials required by the organisation. The purchase module consists of functionalities such as supplier/vendor listing, supplier and item linking, sending quotation requests to vendors, receiving and recording quotations, analysing quotations, preparing purchase orders, tracking purchase items, preparing GRNs (Goods Received Notes), updating stock, and generating various reports. The purchase module is integrated with the inventory and engineering/production modules to update stock.