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Conceptualize Model of Procurement System through ERP
| International Journal of Applied Information Systems |
| Foundation of Computer Science (FCS), NY, USA |
| Volume 9 - Number 1 |
| Year of Publication: 2015 |
| Authors: Soubhik Mishra, Sameer Jain, Lav Kumar Jain, Tapaswi Kanchenrla, S. Vidyashiny |
10.5120/ijais15-451355
|
Soubhik Mishra, Sameer Jain, Lav Kumar Jain, Tapaswi Kanchenrla, S. Vidyashiny . Conceptualize Model of Procurement System through ERP. International Journal of Applied Information Systems. 9, 1 ( June 2015), 9-13. DOI=10.5120/ijais15-451355
Abstract
The main scope of construction Industry lies with the starting step of conceptualization. ERP system works across Domain, Customer data linking with micro and macro world in construction Industry and to provide full scope for any kind of purchasing behavior of resources. To provide slab, recommendations and data to help employee base in taking sound decision adhering to company's policy. To innumerate and forecast various constraints and possibilities which can influence the procurement in Construction Industry. The adequate follows to the failures in the Construction Real Estate Infrastructure Project (CRIP) Industry such as, lack of managerial experience, Non-use of documentations and relevant available information. The study has also got us to develop that transparency, automation, integration with adherence to the procedures and regulatory policies of the company, industry, government and law of the land, when incorporated in project governance with efficiency then we acquire the speed and best value for money
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