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HUNCHBITE

// We are developers who also own and operate a CNC tool store.
// Specialized technical solutions for manufacturing & industrial B2B.

+91 90358 61690
HD-258, Wework, Prestige Cube Building
Hosur Rd, Adugodi, Koramangala
Bengaluru, Karnataka 560030
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Hunchbite Technologies Private Limited

CIN: U62012KA2024PTC192589

Registered Office: HD-258, Site No. 26, Prestige Cube, WeWork, Laskar Hosur Road, Adugodi, Bangalore South, Karnataka, 560030, India

Incorporated: August 30, 2024 | Status: Active

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EDUCATIONAL GUIDE

What is Material
Procurement Software?

We use material procurement software daily at Fabitin. Here's everything you need to know about procurement systems, how they work, and why manufacturing companies need them.

Definition

Material procurement software is a system that helps manufacturing companies manage the entire process of sourcing, ordering, tracking, and managing materials needed for production.

It automates supplier management, purchase orders, material tracking, inventory levels, and procurement workflows. Instead of managing materials with spreadsheets and emails, procurement software centralizes everything in one system.

Supplier Management
Track suppliers, manage relationships, compare prices, and maintain supplier databases.
Material Tracking
Track materials from order to delivery, monitor inventory levels, and manage material specifications.
Workflow Automation
Automate purchase orders, approvals, notifications, and procurement processes.

How Material Procurement Software Works

01

Material Requirements Planning

The system identifies what materials are needed based on production schedules, inventory levels, and material specifications. It calculates quantities, lead times, and reorder points.

02

Supplier Selection & Sourcing

The system helps you find and compare suppliers, check availability, compare prices, and select the best supplier for each material. It maintains supplier databases and performance metrics.

03

Purchase Order Management

Generate purchase orders automatically or manually, send them to suppliers, track approvals, and manage PO workflows. The system handles approvals, notifications, and documentation.

04

Material Tracking & Delivery

Track materials from order to delivery. Monitor shipment status, receive materials, update inventory, and handle quality checks. The system updates inventory levels automatically.

05

Inventory Integration

Integrate with inventory systems to update stock levels, trigger reorders, and maintain accurate material counts. The system ensures materials are available when needed for production.

Why Manufacturing Companies Need Procurement Software

Manual Procurement Is Slow

Procurement software automates workflows, reducing procurement time by 50% or more. No more emails, spreadsheets, or manual tracking.

Our Experience: At Fabitin, we reduced procurement time by 50% through automation.

Material Shortages Cause Delays

Automated material tracking and reorder points ensure materials are available when needed. The system prevents stockouts and production delays.

Our Experience: We eliminated material shortages through better tracking and planning.

Supplier Management Is Complex

Centralized supplier databases, performance tracking, and comparison tools make supplier management simple and efficient.

Our Experience: We manage multiple suppliers efficiently through our procurement system.

Lack of Visibility

Real-time visibility into material status, inventory levels, and procurement workflows. Know exactly where materials are at all times.

Our Experience: We have complete visibility into our material procurement process.

Key Features of Procurement Software

Supplier database and management
Purchase order generation and tracking
Material requirement planning (MRP)
Inventory level monitoring
Automated reorder points
Price comparison and negotiation tools
Approval workflows
Delivery tracking and notifications
Quality control integration
Reporting and analytics
ERP integration
Multi-location support

Our Experience with Procurement Software

We operate Fabitin, an on-demand fabrication startup. We work with material procurement software daily to source materials, manage suppliers, and track material deliveries.

We've built procurement systems for our own operations and integrated with existing procurement software. We understand what works because we use it daily.

When we build procurement software for clients, we're applying solutions we've already proven work in our own operations. We know what features matter, what workflows work, and how to integrate procurement systems with manufacturing operations.

Related Guides

Learn more about material procurement systems

Material Procurement Systems Guide
Complete guide to procurement systems
Learn about our material procurement systems guide
Material Procurement Service
Our procurement software development service
Learn about our material procurement systems guide
Fabitin Case Study
See procurement systems in action
Learn about our material procurement systems guide

Need Material Procurement Software?

We use procurement software daily at Fabitin. We can build custom systems or integrate with existing solutions. Let's discuss your needs.