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Procurement Workflow, Search for new suppliers from internet and our…
Procurement Workflow
Retrieve past data of suppliers and products to match and source
Selected old suppliers
Search for new suppliers from internet and our internal database to match the requirements
Select new suppliers
TRD requests quote from 3 Key Suppliers and 3 New Suppliers
Commercial Negotiation takes place between TRD and Suppliers
Negotiation
completed ?
TRD will add the selected supplier
and update the supplier list
Commercial Negotiation takes place between TRD and Customers
Negotiation
completed ?
TRD defines terms with Suppliers to implement procurement process
Formal P.O. is generated and sent to Supplier
TRD liaises with Supplier to determine Delivery
and Transportation Details
Notification sent :bell:
Feature Details
Audio Search
Filters (....)
Autocomplete
Personalized Recommendations
Forecasting (inherited from components)
-- Demand
-- Supply
-- Inventory
-- Price (Product cost, delivery cost)
-- Policies
Different ranking/sorting of search results
-- Demand based
-- Supply based
-- closest to location
-- Policies
Supplier search feature :mag:
Negotiation Feature:silhouettes:
Procurement Feature :ballot_box_with_ballot:
Payment Features :money_with_wings:
TRD Finance verifies received invoice with P.O. generated
Invoice Approved ?
TRD Finance will plan a payment prioritizations schedule
Urgent and Planned payments to Suppliers are made through agreed mode of payment and well-negotiated Credit Terms
Invoice Approved ?
Payment complete
Feature Details
Chat Search
Collaborative / Group Negotiation
Forecasting (inherited from components)
-- Demand
-- Supply
-- Inventory
-- Price (Product cost, delivery cost)
welcome message,waiting feature
Calendar integration
Contact management
Suppliers database
Suppliers Table
Product Details
Inventory Logs
Communication database
Chats Table
Suppliers database
Suppliers Table
Product Details
Inventory Logs
Suppliers database
Suppliers Table
Product Details
Inventory Logs
Procurement database
Procurement table
Delivery Terms
Credit Terms
Inventory database
Inventory Logs
