Internal Stores Requisition Management (ISRM)
ISRM has been developed to improve the
functioning of stores within an organisation.
Overview
Users can communicate requirements electronically via an internal stores requisition.
Within the requitison management application, this requisition that has been communicated, is routed to the appropriate people for approval, using mobile devices if desired. Once approved, the store is immediately notified to pick the goods (parts, consumables, etc.) needed, and the requestor is advised of the approval.
A requisition contains useful information such as: the required date, the department or cost code, unit costs, number of units required, maintenance job card numbers, part numbers and part descriptions.
Reduce Buffer Inventory
Automatically Trigger Plan-Driven Procurement
Reduce Costs
BENEFITS
Dynamics 365 ISRM
- Improved accountability and traceability of stores
- Reduces buffer inventory (stock holding), which reduces costs
- Visibility of requisition and issue status
- Visibility of materials charged to specific jobs or departments
- Integrates with back office
- Inter-organisation shipping network
- Flexible processing
- Reduced warehousing, shipping and handling costs
- Automatically generates inventory replenishment requisitions and re-ordering
- Order management improved
- Booking stock management
How we work
What Does Dynamics 365 ISRM Do?
Microsoft Dynamics 365 has been extended by Decision Inc. to include D365 Internal Stores Requisition Management (ISRM).
D365 ISRM facilitates an automated environment to track, manage and approve Purchase Order Requests and Reservations. It provides management with increased control over transactions (cost, outstanding orders, budget alignment and commitments) and allows for full audit trail functionality.
Workflow allows for full control over who is permitted to initiate, create or approve orders based on company specific authority levels. Integrated dashboards support real-time information to drive cost reduction and optimal inventory levels.
Using D365 ISRM corporate budgets are enforced throughout the entire requisition and procurement process.
Features
The key features of the ISRM
Requisitions
Review, edit, approve or reject requisitions
Workflow
Multiple workflow processes
Approval
Approval levels per employee
Status
Requisition & issue status available to users
Management
Contract, catalogue, inventory & materials management
Finance
Budget support, inter-company transactions & reconciliation
Multi
Multi-currency & multi-company
Portal
Alerts & notifications, vendor & supplier portals
