Introduction
In the Procurement and sourcing module in Dynamics 365 Supply Chain Management, you create purchasing policies to control the purchasing process. Additionally, you identify suppliers, onboard suppliers as new vendors, maintain vendor information, create agreements with your vendors, order items and services, maintain purchase orders, and confirm receipt of products. After vendor transactions are processed through Accounts payable, you can also analyze spending and vendor performance.
This module examines each step of the procurement and sourcing processes that apply to the procure-to-purchase process.
The organization of the processes in the following scenarios is based on common practices across industries, and you should consider that the processes in some businesses might be slightly different.
Responsible AI FAQs are part of a broader effort to put Microsoft AI principles into practice. They aim to provide insights into the workings of AI technology, the decisions that can affect its performance and behavior, and the significance of considering the entire system, including the technology, people, and environment. We recommend that you use these FAQs to gain a deeper understanding of specific AI systems and features developed by Microsoft.
To learn about the AI capabilities and impact of specific features of this solution, see Responsible AI FAQs for Dynamics 365 Supply Chain Management.