Summary
In this module, you learned about the procure-to-purchase process and how to set up the process and perform it in Dynamics 365 Supply Chain Management. You can use categories with category hierarchies to classify products, vendors, customers, or transactions for reporting and analysis. The structure and number of categories that you define depends on the business goals of the organization.
You can use the vendor catalog feature to import products based on information that your vendor provides, which the product master maintains. You can use the external catalog feature so that your employees can purchase products your product master doesn’t maintain. Both types of catalogs are useful for indirect procurement.
You can use purchasing and signing limit policies to implement and enforce various rules in your business processes. Additionally, you can set up policies for all companies or organizations, or you can set up policies for any combination of companies, departments, and cost centers.
A purchase requisition is an internal document that authorizes the Purchasing department to purchase items, and you can use the document to generate the actual purchase orders for the items. With a purchase requisition, you can select items from procurement catalogs that contain only those items that are relevant to the purchase requisitions, including the request of catalog and non-catalog items.
The request for quotation (RFQ) feature in Supply Chain Management supports the end-to-end scenario of inviting one or more vendors to supply bids on specific products and/or services. Also, the RFQ process allows you to select which vendor to create a purchase order or purchase agreement for.