Posts Tagged ‘Procurement’
Dynamics 365 Consignment Inventory Improvements
According to the Urban Dictionary, “Consignment” means “to give over to the care of another; entrust.” Looking for an easier way to manage Consignment Inventory? Dynamics 365 for Operations has the solution. With the addition of the “owner” inventory tracking dimension, Consignment inventory can now be set up and tracked from requirement to receipt, then…
Read Full PostMid-week Reflections on MRP and Purchase Order Lead Time in Microsoft Dynamics AX
A few recent discussions with customers about the role of the Purchase Order Lead Time and its influence on Master Planning inspired this blog posting. Purchase order lead time is the time interval that occurs between placing a purchase order for an item with a vendor and eventually receiving that item into a warehouse. Sales…
Read Full PostMicrosoft Dynamics AX 2012 Financial Dimensions in Sales and Purchase Agreements
The financial dimensions and chart of account structure in Microsoft Dynamics AX 2012 have been significantly redesigned since AX 2009 days. The financial dimensions framework is very flexible and introduces many new concepts and features: system defined dimensions are available to be directly linked to the sub ledger master data. A sales/purchase agreement is the…
Read Full PostProduct Attributes in Microsoft Dynamics AX 2012
Product Attributes is functionality that was introduced to Microsoft Dynamics AX in the 2012 release along with the concept and functionality to use Products, Product masters, and Released products. Product Attributes can be viewed and used throughout the Microsoft Dynamics AX application. The new concept is a useful feature to supply more details about your…
Read Full PostMicrosoft Dynamics AX 2012 Accounts Payable Invoice Registration and Invoice Pools
Invoice registration in Microsoft Dynamics AX 2012 is used to record the arrival all vendor invoices received by your organization which then allows the invoice to be transferred to the invoice pool, giving an opportunity to approve the invoice before it becomes an official accounts payable. Described below is the AX 2012 process of registering…
Read Full PostProcurement and Sourcing: Alternative Items in AX 2012 R3
As a purchasing agent, you might want to know about available alternate items or services when working with a Request for Quotation (RFQ). A new feature has been released in Microsoft Dynamics AX 2012 R3 for both AX client and vendor portal. If the requester allows it, all vendors can submit an alternate item on…
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