What exactly is procurement ERP system?

How can these procurement ERP system solutions help manage a company's day-to-day business activities such as accounting, finance, procurement, project management, supply chain and manufacturing? procurement ERP system refers to a fully integrated platform deployed on-premises or in the cloud, primarily for managing all aspects of a manufacturing or distribution business. In addition, procurement ERP system also supports the comprehensive financial management, human resource management, supply chain management and manufacturing management of the core accounting functions of the enterprise. Procurement ERP system tracks all aspects of production, logistics and financial processes, providing transparency across the entire business process. These integrated systems serve as the central hub for end-to-end workflow and data across the enterprise, making it accessible to various departments. Procurement ERP system is designed to support multiple functions of small and medium-sized enterprises, including providing customized functions for your business.

The core purpose of procurement ERP system is to realize the effective management of the entire supply chain, which is mainly reflected in the following three aspects: management of the entire supply chain resources, prior planning and in-process control, and coordinated management and control of finance and taxation.

LongRiverTech procurement ERP 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 ERP system. In 2019, the first enterprise version based on B/S web architecture was released, which supports cloud deployment and operation. LongRiverTech procurement ERP system is committed to helping the development of 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 ERP 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 ERP system integrates the functions of invoicing system, processing and manufacturing system and project management system to meet the needs of .

The cloud version procurement ERP system system can be applied to many different industries, such as: manufacturing, electric power, real estate, clothing, chemical industry, construction, transportation, school education, medical and health care, etc. Enterprise comprehensive management usually needs to include common business management modules, such as: group financial management, audit, comprehensive budget, enterprise asset management, e-commerce, OA office automation, investment management, distribution management, supply chain management, customer relationship management, human resources management etc. The software used in general electronics factories includes: electronic engineering management system, electronics factory engineering project management software, construction industry mechanical and electrical engineering project management software system, construction project materials, fund management software system, engineering construction project schedule cost control management information system, Engineering project warehouse, cost management information system, unit engineering project procurement quality management software system, engineering construction group project management system, construction company unit project information management system. Procurement ERP system cloud platform store management is an efficient wholesale management tool, which includes marketing, inventory and account management. When customizing and developing an enterprise management system, it is usually necessary to fully consider multiple aspects, such as: marketing system, advertising system, human resource management system, management consulting system, strategic management system, brand management system, financial management system, accounting system, taxation system, Audit system, logistics management system, production management system, project management system, information management system, quality management system, organization management system, management theory, management tools, management methods, corporate governance system, business management system, management decision-making system, material management system, knowledge management system, corporate culture management system, public relations management system, risk management system, objective management system, cost management system, intellectual property management system, crisis management system, administrative management system, team management system, emotional intelligence management system, public Management system, budget management system, asset management system, human relationship management system. The complete product design change resource management system not only provides common functions such as day-selection, single-batch, whole-batch, and immediate changes, but also provides the function of running out of changes: the system is based on the user's settings , can automatically use old materials first, and switch to new materials automatically after the old materials are used up; and provide corresponding reports to show the estimated future inventory status after material changes, which is convenient for management. The core product drives product research and development based on user needs, and provides rich, high-performance, and stable product and service clusters, which can be subdivided into multiple modules and subsystems, such as: Invoicing system, retail system, membership CRM system, WMS warehousing systems, asset management systems, etc. Docking with existing systems to realize fine and intelligent management of enterprises.

LongRiverTech procurement ERP system commodity objects include: warehouse commodity query, warehouse commodity batch query, object circulation table. LongRiverTech procurement ERP system sales list includes: create sales list, check sales list flow, reverse sales list, approve sales list, view sales list, print sales list, export sales list. LongRiverTech procurement ERP system project batch configuration includes: revenue and expenditure items in free text format, tree or horizontal structure accounting project batches.

The essence of the Industrial Internet lies not in the Internet but in traditional industries. IDC reports that the SaaS collaboration market is growing rapidly. When enterprises go to the cloud, they use a brand-new distributed cloud architecture to create a cloud dynamic domain model, create an epoch-making enterprise-level cloud-native PaaS+SaaS platform, support cloud personalized customization, and help customers easily use the cloud, innovate quickly, and continue to iterate. The office one-stop intelligent collaborative office platform provides comprehensive mobile services for small and medium-sized enterprises, connects ecology, empowers individuals, and activates organizations. Gain insight into industry trends, establish three lines of defense for enterprises in strategy, planning and monitoring, and improve decision-making accuracy. Through comprehensive and accurate statistics of store data and industry data, it helps companies make business strategy decisions, marketing strategy decisions, and supply chain decisions. Get through user behavior and business data, restore the overall picture of users, accurately target targets, attract potential new users, increase the repurchase rate of old users, retain high-risk lost users, and achieve precise user management. Enterprise price adjustment and marketing decision-making are comprehensively digitized to accurately reach the audience. Omni-channel consumption data foundation, in-depth understanding of user behavior preferences, creating explosive products, and more accurate marketing. Engineering enterprise management system resource management and OA system generally include common project engineering management functions: bidding management, bidding management, project approval, data management, value-added tax management, labor management, fund plan, basic information, revenue contract, material management, distribution Package management, financial management, lease management, cost management, quality management, safety management, construction process management, equipment management, certificate management, progress management. The sluggish material handling resource management system reduces sluggish material in four stages. 1. R&D stage; 2. Planning stage; 3. Implementation stage; 4. Post analysis. The enterprise management system can warn of possible sluggishness in advance during the research and development stage. One is that when the product design is changed, the expected sluggish material table will be generated for the materials that are expected to fail; the other is to find out whether the supply manager judges whether the inventory materials that are not used in all BOMs are sluggish. In the planning stage, the system provides MRP/LRP, aiming to satisfy production with less materials/materials with short occupation time. In the execution stage, the system provides the function of querying alternative materials, and it is convenient to query the status of alternative materials when the original materials are not enough. The system also provides a variety of reports in the inventory management system to prompt materials that have been sluggish, such as material forecast status table, sluggish material table, material batch number deadline control table, etc. If the customer cancels or changes the order, it can also quickly find out the corresponding purchase order according to the tracking of the order procurement status provided by the system, which is convenient for the purchaser to take measures. For production-oriented enterprises, orders mean profits, and the efficiency of order management can greatly affect the income of the enterprise's profits. Therefore, if the order can be managed well, the production efficiency of a company can be greatly released. Procurement ERP system helps enterprises understand their own production order management situation, and helps enterprises arrange more reasonable production. Industry 4.0 intelligent cloud platform usually integrates a variety of intelligent management software systems to extend enterprise management applications in multiple fields, such as: PLM product life cycle management software, factory intelligent logistics system, intelligent dispatch software, intelligent workshop execution software, factory operation control software , BPM enterprise process management software, BI business intelligence management software, HR human resource management software, enterprise mobile application APP, operation monitoring cloud platform, etc. The international warehouse distribution system is a professional cross-border distribution business management system. It is mainly aimed at large sellers, factories and overseas warehouse service providers who are interested in expanding sales channels. It provides drop shipping, domestic direct shipping, overseas warehouses and supply and marketing, etc. A variety of distribution models support various logistics methods such as domestic direct delivery and overseas warehouse delivery, and provide a complete distribution function and distribution ecosystem.

Basic data is the basic function of procurement ERP system. LongRiverTech software supports the management of all business objects, such as: subjects, employees, commodities, accounts, warehouses, suppliers, customers, groups, companies, departments, warehouses, factories, stores, and more Account, multi-warehouse, multi-currency and foreign exchange support, item support, storage capacity and location support, storage capacity size, volume and load. A practical procurement ERP system must be able to provide multiple perspectives from different dimensions to help customers observe the operation of data and make decisions effectively and efficiently. Through LongRiverTech procurement ERP system statistical report, you can view business flow, purchase management data, sales management data, inventory management data, processing and manufacturing statistical data, import and export trade and capital management data. LongRiverTech procurement ERP system warehouse management includes: commodity objects, inventory valuation, storage in and out, and return. Procurement ERP system MES functions include: material, workshop, work group, process, section, step, task, BOM, cost accounting, production batch, production plan, work group schedule, material plan, production task, production flow, customer Incoming materials, receiving materials, returning materials, finished product warehousing, and shipping. For import and export trade, you can use the procurement ERP system report statistics function to conduct statistical inquiries: payment details, container details, consignment receivables, consignment summary, consignment cooperation cabinets, import and export sales reports, sales reports, and sales details. LongRiverTech procurement ERP system supports summary by sales company, supplier, product and origin.

Procurement ERP system is a trustworthy information management expert for customers. Provide one-stop information solutions such as enterprise warehouse management system/resource management system/distribution system. Procurement ERP system cloud platform ordering system completes the order through the mobile smart device and performs data interaction with the server. When customizing the financial management module, generally consider: credit management, innovation impact analysis, bidding financial management, financial indicators, financial management method configuration, financial decision support, financial management tool collection, financial management theory implementation, financial evaluation indicators, Financial strategy management, financial management audit support, financial management model configuration, financial analysis reports, etc. Electronic component trade management software usually requires functional modules such as inventory management, sales management, procurement management, invoicing, warehouse management, procurement management, and financial management. There are usually professional management software, such as IC software, component management software, electronic invoicing, inventory management software, etc. Procurement ERP system cloud platform provides full value services throughout the entire life cycle of enterprise users, and guarantees the realization of customers' lifetime digital application value with a complete service system.

In other words, let procurement ERP system assist managers to easily control the whole process of work. There is no management without process and details, and the process and details are often beyond the scope of human energy and ability, but procurement ERP system can easily do it.