What are the main functions of procurement database system?

Procurement database system is a set of integrated business applications that can help enterprises effectively manage their finances, sales and operations. In the process of actually using procurement database system, we can break it down into 3 core areas: 1. Financial aspects: procurement database system includes accounting functions, such as general ledger, accounts payable and receivable, and payroll. 2. In terms of operation: procurement database system includes inventory management and supply chain management functions. 3. Sales: procurement database system includes order management and purchasing. In addition to the above, procurement database system can also include Human Resource Management (HRMS) and Customer Relationship Management (CRM) to gain greater control over their organization.

Procurement database system fully implements the concept of supply chain management, combines user needs with the internal manufacturing needs of the enterprise and the manufacturing resource structure of external suppliers, and extracts a set of management concepts that can be completely manufactured according to customer needs.

LongRiverTech procurement database system observes and manages the operation of companies from many different angles, such as: sales angle, customer angle, production circulation angle, product angle, etc., to achieve the optimal combination of corporate profit goals and to meet industry demand. Since LongRiverTech released its first ERP product in 2017, LongRiverTech has continued to invest resources in the continuous iteration and evolution of procurement database system. In 2019, the first enterprise version based on B/S web architecture was released, which supports cloud deployment and operation. LongRiverTech procurement database system is committed to helping the development fo the Industrial Internet, Industry 4.0 and the new economy of intelligent manufacturing. LongRiverTech ERP is a one-stop ERP system for small and medium-sized enterprises, which can be personalized business customization, cloud platform deployment, etc. In 2021, LongRiverTech released the first cloud service brand "Hanju", providing a brand-new SaaS operating environment and business model for the release and service of subsequent ERP products and procurement database system.

LongRiverTech's multiple independently evolving product lines sometimes intertwine, colliding with different sparks, tailoring and adapting to different application scenarios. According to the characteristics of , LongRiverTech procurement database system integrates the functions of invoicing system, processing and manufacturing system and project management system to meet the needs of .

In the new era of "Internet +", with the help of the procurement database system cloud platform, it helps enterprises establish a centralized management and control platform for the entire value chain from headquarters, regions, stores to final consumers, and realizes the improvement of corporate brand influence. Combined with the management process combination of different business models, combined with the B2B supplier platform, O2O operation platform and interconnection middle platform, it creates a unified data management platform for enterprises. Procurement database system BOM list automatic generation system. BOM is the bill of materials, raw material calculation, and bill of materials management. Purchasing management, payables management, transfer management, purchasing/warehousing document printing. Procurement database system Inventory management relieves inventory pressure. The powerful BOM function and inventory warning function help enterprises reduce the capital occupied by inventory and allow enterprises to make better use of funds. Procurement database system cloud platform intelligent value empowers digital transformation, agile IT digital intelligence solution, realizes data integration and interconnection, and promotes data value transformation. Use data intelligence to drive the application scenario of factory manufacturing task execution to form a digital and intelligent factory operation system that improves efficiency. Innovate the new retail architecture of the front, middle and background, and realize the innovative retail management application based on the cloud platform. Integrate new digital technology, return to the essence of management, and use value services to improve management capabilities and operational performance. Realize equipment digital management, accurately grasp equipment operation status, accurately reflect machine utilization rate, and improve equipment management and operation level. Financial management: E-commerce financial management provides financially concerned functions such as receivables, payables, journal accounts, express reconciliations, and platform reconciliations, making finances more worry-free. Due to the rigid requirements of the system during data entry, the data order control has achieved higher standardized management. Supporting the changeable production mode, the company's business model has changed. From the previous small batch, multi-batch, to multi-batch, small batch pattern. In the past, large orders and small orders each accounted for 50%, and the order quantity of large orders accounted for more than 80% of the overall output, and the requirements for operation and internal management were not so high. Now the proportion of small orders continues to increase, forming another production model, and the production requirements of each order are very special. If there is no ability to manage and control well, the probability of mistakes will be high later. The resource management functions required for sales include: quotation, signing, delivery, and payment collection. The resource management functions required for procurement include: demand, documentary, receipt, and payment. The resource management functions required by the warehouse include: how much to receive, how much to send, and how much to store. The resource management functions required by production include: what is demanded, what is produced, and what is purchased. The resource management functions required by the project include: price control, bill of materials, and approval process. Resource management system inventory management: inventory files, storage management, storage management, borrowing management, inventory transfer, daily adjustment, end-of-period inventory, inventory loss report, inventory query, inventory daily settlement.

LongRiverTech procurement database system supports the natural value-added, farming and planting of products. Procurement database system leasing and pledge functions include: lending note, borrowing note, return note, pledge loan entry note, pledge loan issue note, loan fund settlement note, pledge return note, and pledge physical delivery settlement note. LongRiverTech procurement database system supports both our single warehouse and our multiple warehouses.

To make resource management run well, the enterprise must have a sound and mature mechanism to maintain the establishment and change of BOM. From another perspective, good management of BOM table changes is more important than BOM file management. Important because it is a dynamic management. The one-stop information solution digital workshop solves the problems of production scheduling, labor reporting, process document issuance, production traceability, quality control, and decision-making analysis for manufacturing enterprises, and realizes the digitization and kanban of the manufacturing process and the coordination of workshop execution. For production-oriented enterprises, commonly used resource management management systems include: BPM business process management, WMS warehouse management system, mes system, warehouse management free software, warehouse management invoicing, inventory management, outbound order, warehouse management, warehousing Management system, production management software, order management system, warehouse management software, inbound and outbound management software, invoicing management system and other enterprise management systems. In response to the trend of order customization, it has become normal for a single order to carry out more than a hundred design changes in response to customer needs. Through the procurement database system cloud platform, the change information can be quickly responded to in various departments such as production and procurement. At the same time, the challenges of a small number of diverse production models to procurement, outsourcing policies and operating procedures, inventory, delivery control, and cost accounting are also a driving force for modern enterprises to migrate to the cloud. When does the work order start? When to enter the warehouse? Where is it produced? The progress of the production line and the status of the equipment are not clear, resulting in the inability to grasp the production capacity and material status, and thus unable to quickly respond to customer needs. This puts forward higher requirements for the digitization, intelligence, and automation of the supply chain and production line. Procurement database system common economics terms in software systems include: economics, distribution methods, bubble economy, rent-seeking, commodities, markets, economic regulations, economic history, economics awards, marginal theory, property rights theory, economic crisis theory, value Theory, Monopoly Theory, Regional Economic Theory, Taxation Theory, Statistical Theory, Inflation Theory, Consumption Theory, etc. Procurement database system purchase management usually includes: purchase quotation, purchase order, purchase storage, return order, purchase system report, etc. Procurement database system The software supports the operation of the mobile phone. Whether you are at home, on the road, or in the office, you can provide 24-hour guidance anytime, anywhere to improve the work progress, and you no longer have to worry about the work progress being affected. Product structure and design change management. Procurement database system cloud platform provides the function of optional parts for the salesman to determine and select some optional parts when receiving orders, and provides multiple comment fields for inputting special requirements. And it provides the function of EBOM (engineering BOM) for the research and development department, that is, it is convenient for the research and development department to manage engineering BOM, and it can share data and convert each other with the official BOM. Procurement database system cloud platform system provides single-level, multi-level, and last-level material usage lists (forward expansion) and single-level, multi-level, last-level expansion material usage lists (reverse expansion), multi-level query or list operations , it is convenient to understand the products that may be affected before the BOM change, and avoid some unnecessary mistakes. It also provides the function of substitute materials to solve the problem of some material substitution in the production process, effectively utilize the inventory, and better solve the problem of material shortage. In view of the characteristics of frequent engineering changes, the procurement database system cloud platform system provides engineering change operations. Through the engineering change operation, the historical version change records can be traced, and the change voucher and list can be printed, which facilitates the management of engineering changes. And provide BOM expected sluggish analysis form to assist the research and development unit to prevent material sluggishness caused by engineering changes and achieve prior control.

Procurement database system import and export trade functions include: foreign exchange exchange bill, logistics transportation bill, customs entry and exit, processing cost bill, batch profit and loss accounting. LongRiverTech procurement database system purchase return form includes: create purchase return form, view purchase return form flow, write off purchase return form, approve purchase return form, view purchase return form documents, print purchase return form documents, and export purchase return form documents. LongRiverTech procurement database system inventory management includes: warehouse management, in-transit inventory, storage capacity management. LongRiverTech procurement database system warehouse management includes: commodity objects, inventory valuation, storage in and out, and return. You can use procurement database system to query purchasing management statistical reports, such as: purchase statistics, purchase details, and inventory daily.

One-stop information solution inventory management Inventory real-time visualization, optimize inventory levels, improve on-time delivery, avoid out-of-stock situations, and make effective inventory data analysis at the same time. Through telephone, WeChat, QQ and other instant messaging chat tools, you can communicate the status quo of informatization and management problems to be solved, help determine the basic ideas of IT construction, and answer common confusion in IT planning. The source of design BOM information is generally the information in the title block and detail column in the complete set of design drawings provided by the design department. Sometimes it also involves part of the information on the craft card prepared by the craft department. The management can manage multiple remote companies or business departments through the cloud platform in a unified manner, so as to know the business progress of the subordinate branches. Let the head office and subordinate branches communicate at any time, and fully achieve information sharing. The system also clearly regulates the import procurement process, inventory management, and domestic sales management of the import department. All the above-mentioned processes are connected with the financial department through the financial and cost control module in the system, so that the financial department is transformed from a statistical and accounting service department into a cost control center—every time a business occurs in each business department, the financial department can In the system, the expenses and profits can be understood through corresponding subject inquiries, which provides a comprehensive and scientific basis for decision-making. Therefore, after process reengineering, the main business content of the financial department has also greatly increased, mainly including: customer management, sales business approval, procurement business approval, variable expense settlement, credit bill management, fund forecasting, general ledger and assessment, etc. The content and the focus of its work have also changed from "borrowing must be equal" to "customer credit control", "financing management", "reasonable payment of fees", and "assessment".

To sum up, it is the purpose of the enterprise to implement procurement database system. Procurement database system has now become an essential tool for modern enterprise information management. It can help enterprises get rid of the shackles of traditional management methods, speed up the pace of enterprise development, avoid mistakes caused by manual decision-making, improve the efficiency of enterprise office work, and become an enterprise in the market. Strong support in the competition.