Procurement and Sourcing, the Start of the Journey
Procurement is the first step of our journey: learning how to purchase items and services from vendors. In this chapter, we will dive deep into the procurement-to-purchase process.
We will also review the end-to-end process, learn about the importance of purchase requisitions and purchase orders, navigate vendor rebates and contracts, and explore a beautiful feature for purchasing teams and vendors, the vendor collaboration portal.
Specifically, we will cover the following main topics:
- Procurement-to-purchase process
- Vendor collaboration portal
- Working with vendor rebates
- What about consignment inventory?
Let’s go step by step and review the procure-to-purchase process in Dynamics 365 Supply Chain Management first.