You use the applications in the Inventory module to manage your inventory of spare parts. You can maximize the availability of items for upcoming work tasks, and also reduce excess inventory balances and related carrying costs.
The goal is to find a balance of inventory stock. Maintenance work can be performed with minimum delays due to unavailable materials, without keeping seldom used items in stock.
You use the applications in the Purchasing module to manage the purchasing process, including obtaining requests for quotations (RFQs), purchasing the materials and services, and then receiving and invoicing them. The applications also help you to maintain information about the companies from which you purchase, and to integrate legal terms and conditions into the purchasing process.