Enabling Multi route from Inventory Settings

Configure MTO route from Inventory Route

Enable MTO and Buy in product Master/Inventory tab

We can rate vendor manually in the vendor master

Update the vendors in Product Master/Purchase tab

Go to the Sales module, create a quotation, and select a customer and product with 'MTO' and 'BUY' are enabled.Now confirm the quotation.

While confirming the Quotation, Evaluation window will opens up, you can see vendors list for the selected product. You can update the quantity for each vendor

Once you have clicked the save button, you can now select vendors based on lead time, rating, and price.

Upon clicking 'Create RFQ,' a sales order will be generated, and simultaneously, a purchase order will be created

Users can easily confirm the purchase order, initiating the next steps in the procurement workflow. This step ensures that products are ordered efficiently. Upon receipt of products, the module provides a straightforward process for initiating the vendor rating process. This step helps maintain a comprehensive record of vendor performance.

Validate the Receipt once you received the products

Once you validate the Receipt Rate Vendor button will be visible

Vendor Rating Evaluation window will be opened and you can rate vendor according to 12 attriubtes. Average rating for the 12 attributes will be calculated automatically and displayed in Vendor Master

The calculated average rating will be updated into vendor master

You can see the Top Rated vendors by using the filter

Vendor Evaluation Parameters

Check the Vendor Evaluation Parameters in the configuration tab, where we have three parameters named Ratings, Price, and Lead Time. Here, you can set the priority for each parameter.This will enable the system to analyze vendor ratings, lead times, and prices to determine the most suitable vendor for procurement.

Before utilizing the Skip RFQ feature, review the on-hand quantity of the desired products. If the available quantity is less than the quantity specified in the sales order, the Skip RFQ option becomes relevant. This triggers the automated vendor selection process.

Then Go to the Sales module, create a quotation, and select a customer and product with 'MTO' and 'BUY' are enabled.Now confirm the quotation

While confirming the Quotation, Evaluation window will opens up, you can see vendors list for the selected product. .The system will analyze vendor ratings, lead times, and prices to determine the most suitable vendor for procurement. It will then create a purchase order accordingly.

In this example, we have shown by selecting 2 products and Clicked On SKIPRFQ button, it automatically selected 2 vendor correspondily according to the factors Lead time, Price and vendor rating. confirm the purchase order. This action initiates the procurement process.Upon receipt of the ordered products, proceed with the standard receiving process to update stock levels and Give rating for the vendors.

Users can easily confirm the purchase order and recieve products as we mentioned earlier for creating RFQ.After Recieving products you can rate the vendor accordingly.

After providing the rating and checking the vendor master, we can see that the vendor rating has changed according to the new rating

If you want to acquire the evaluation report for the vendor, we provide you with the option to store this detailed assessment to expressing your rating for the vendor.

Upon clicking the 'STORE EVALUATION' button, your assessment will be securely saved, enabling you to conveniently review it within the Vendor Evaluation Report History located in the Reporting tab. Additionally, there is a 'Print' button within the Vendor Evaluation Report section. By clicking on the Vendor Evaluation Report History, you can download your rating history.