MM CYCLE

[Former Member]

Sir,

Can u send me MM Cycle in my id

juhi_sin21@rediffmail

Thanking You

Juhi

[Former Member]

Hi Juhi,

I sent you MM cycle to your rediff id if that is useful then assign me points.

Rams.N

[Former Member]

Dear Juhi,

Typical MM Cycle is

Process Flow:

1)Determination of Requirements: Through MRP, purchase requisitions

2)Source Determination: helps you identify potential sources of supply, creating requests for quotation (RFQs

3) Vendor Selection and Comparison of Quotations: The system is capable of simulating pricing scenarios

4) Purchase Order Processing: information from the requisition and the quotation to help you create a purchase order. scheduling agreements and contracts are also supported.

5) Purchase Order Follow-Up: The system checks the reminder periods you have specified. up-to-date status of all purchase requisitions, quotations, and purchase orders.

6) Goods Receiving and Inventory Management: Goods Receiving personnel can confirm the receipt of goods simply by entering the Po number

7) Invoice Verification: The system supports the checking and matching of invoices, and clearing invoices for payment.

I will also send you these details on your mail.

If you find this useful please reward points,

Regards,

Vivek Maitra