Introduction/Purpose:

A Material Price Survey Request (MPSR) is a formal request made by a procurement department to suppliers to provide pricing information for specific materials or services. The MPSR entry in a procurement system is the record of this request and includes details such as the material or service being requested, the quantity required, the expected delivery date, and any other relevant information.

The importance of an MPSR entry in a procurement system lies in its ability to help procurement departments make informed purchasing decisions. By requesting pricing information from multiple suppliers, the procurement team can compare and evaluate pricing to determine the best value for the organization. This process can lead to cost savings and improved supplier relationships.

Dependency:

To record an MPSR  in a procurement system, Key elements are required in the form. These elements include:

• Item/Material details: The form must include details of the items for which the Survey needs to Get conducted with additional Specifications like Size, Color, Shape, etc.

• Approval details: The form must include details of any approvals required for the MPSR, and this is working in the procurement system based on configuration.

In summary, these dependent master or key elements are necessary in the form to ensure that the Material Price Survey Request is accurately recorded in the procurement system and can be properly tracked and referenced for future purposes.

How To Navigate:

The navigation to record a Material Price Survey Request in a procurement system typically involves the following steps:

• Click on the main navigation icon: The main navigation icon may be located in the top  right corner of the screen. Clicking on this icon will open the navigation menu, which typically includes links to various sections of the procurement system.

• Click on the transaction section: The transaction section located under the left section of the screen clicking on this section will display a list of transactions related to procuring.

• Find the Price Survey section: The Price Survey section located in the list of transactions under the transaction section. Clicking on this section will display a list of transactions related to Price Survey.

• Click on the Material Price Survey Request link: The Material Price Survey Request link located under the Price Survey section, after clicking on this link you can navigate Material Price Survey Request listing and from that you can easily upload new transactions into the system.

Listing:

The Material Price Survey Request listing is an essential feature of a procurement system that allows users to view and manage all recorded Material Price Survey Requests. The key features of the Material Price Survey Request listing include:

• Record Filter: The Material Price Survey Request listing may include a filter option that allows users to filter the list of Material Price Survey Requests based on specific criteria, such as date range, Item/Material Name, Status of Survey, or approval status.

• Transaction Search: The Material Price Survey Request listing may include a search function that allows users to search for specific Material Price Survey Request by transaction number, or other keywords.

• Export transaction: The Material Price Survey Request listing may include an export transaction option that allows users to export the list of Material Price Survey Requests to a spreadsheet or other file format for further analysis or reporting.

• Import Survey: It allows for quick and easy data entry without the need for manual data input, reducing errors and saving time.

• Extended features for each transaction: The Material Price Survey Request listing includes extended features for each transaction such as print, view, Response Comparison, activity log, Force Close, and more.

• Listing view: The Material Price Survey Request listing may display each Order in a card format view that includes key information such as Item Name, Start & End Date, approval authority name, Survey Status, and approval status of the transaction.

• Approval status: The Material Price Survey Request listing displays the approval status of each Material Price Survey Request, indicating whether it has been approved or not.

In summary, the Material Price Survey Request listing is a crucial feature of a procurement system that provides users with an overview of all recorded Material Price Survey Requests and allows them to filter, search, export, and manage the Service Completion efficiently. It also includes extended features for each transaction and displays key information such as Item Name, and approval status in a card format view.

Recording & Update:

A Material Price Survey Request is a formal document used by businesses to request a survey of the prices for specific materials within a given date range. The document typically includes the following information

• Document Number: A unique identifier assigned to the Material Price Survey Request for tracking and reference purposes.

• Material Name: The name of the material for which the survey is being requested.The name of the material for which the survey is being requested.

• Start Date: The start date for the survey period.

• End Date: The end date for the survey period.

• Specification Name and Value: The specific characteristics of the material being surveyed, such as size and color, and their corresponding values. This information is necessary to ensure that the survey is accurate and specific to the material and its specifications.

The Material Price Survey Request document is usually submitted to a procurement or purchasing department, which then initiates the survey process. The results of the survey are then used by the business to make informed decisions about purchasing and pricing strategies for the material.

The user can perform the following actions in this section:

• Submit: This option allows the user to publish the transaction information. If the system has an approval flow, the maker will submit the information, and it will be sent to the approval authority or checker for approval.

• Discard: This option allows the user to discard the transaction before saving it.

Key Notes Material Price Survey Request:

• By Click on Response Comparison User Can Compare all Survey Responses all together.