Purchase Management

Navision's purchase management supports companies with simple purchasing needs through companies with sophisticated resource planning requirements. At the heart of any Navision purchase system, users can create and manage all types of purchase orders, e.g. expenses, supplies, inventory replenishment, drop shipments, etc. As goods or services are received by the company, the purchase order is automatically updated to reflect all activity. Likewise, as vendor invoices are vouchered in the system, their activity is summarized on the purchase orders as well. As such, purchasing users to track the complete life cycle of the purchase order.

Damaged or defective items can also be tracked in the purchase management system to ensure that the vendor properly credits the company. Optionally, users can track vendor RMA numbers with the return to further ensure proper reimbursement. Once items are shipped to the vendor, a credit for the amount of the items is automatically recorded in the vendor's account to avoid overpayment to the vendor.

As an integrated part of a large supply chain or manufacturing process, Navision's purchase management system assists purchasing managers by suggesting when and how much of a particular item to order based on forecasted needs. Demand requirements from all parts of the system, e.g. manufacturing, service management, special sales orders, and inventory replenishment, are collated and summarized in a purchasing plan for users. Navision even considers special purchasing requirements, such as volume discounts, to maximize a company's investment.

Also, the purchase management supports multi-language and multi-currency. Purchase orders for the same items sent to different countries can automatically print in the appropriate language and currency.

Summary of benefits