KB3: Planning in the Procurement Module, you should consider while implementing the ERP system

KB3: Planning in the Procurement Module, you should consider while implementing the ERP system

KB3: Planning in the Procurement Module, you should consider while implementing the ERP system Nilesh Mandani
  • Vendors

Microsoft Dynamics D365 Business Central maintains the list of the vendors with their contact details, terms of delivery, payment methods etc. The master list of vendors helps in the creation of purchase orders with details being fetched from the master list and in maintain the vendor score card.

  • Production Forecasts

The production forecasts are generated in order to avoid the bottle neck scenarios and to manage the resources efficiently. The forecasts help in planning the procurement of the raw materials and to align the required resources in order to fulfill the demand for a specific period. The production forecasts are generated in relation to the sales forecast in order to satisfy the demand.

  • Requisition Worksheets

The requisition worksheet is a functionality provided by Microsoft Dynamics D365 Business Central mainly to be used by the trading companies. The planning for non-manufacturing companies will include purchase orders and transfer orders mainly for the purpose of fulfilling its sales demand. The requisition worksheet is used to replenish the items and the procedure can be automated or manual.

  • Planning Worksheets

Planning worksheets are very similar to the Requisition worksheet but are suitable for manufacturing organizations. The Planning worksheets contain the planned production order, transfer orders and the purchase orders. MSD365 BC also helps in planning the orders with respect to the demand and taking the lead times when calculating the dates to purchase or start production.

  • Order Planning

The order planning refers to the planning job done by the organizations in order to avoid the bottle neck and to fulfill the demand for a specific period. MSD365 BC offers suggestions for supply based on the information available and demand created. The planning can be done for certain sales orders or for the entire demand for a time interval.

MSD365 BC helps the organization to better plan the resources and act proactively to meet the demands.

  • Purchase Prices & Discounts

The purchase price and discounts offered by the vendors can be assigned to the products to be automatically fetched on the purchase orders. MSD365 Business Central also caters special prices and discounts based on quantity or unit of measure or any specific date range. The setup is pre-defined which is fetched on the purchase documents when the combination is selected.

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