In this chapter, we start getting into what could be considered the core functionality of most Enterprise Resource Planning (ERP) systems. We will begin by setting up a vendor and then purchasing raw-material components. After the products arrive, we will receive the products in our inventory and pay the invoice in order to complete the purchasing cycle.
The topics we will cover in this chapter include the following:
- Examining a typical purchasing process for a business
- Setting up your vendors and warehouse locations
- Entering a quote and turning it into a purchase order
- Receiving products from your vendors
- Paying invoices
- Understanding units of measure for placing bulk orders
