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Dynamics GP – Did You Know: IRP
Targeted Industries: Distribution and Distribution with Assembly Work Orders (Manufacturing Light) Solution: Dynamics GP 2018 Build 18.4 Modules: Purchase Order Processing & Inventory Inventory management can be a key component for the balance sheet and should be managed to be lean as possible. Inventory needs to be managed so that we don’t carry too much inventory on the balance sheet and we don’t run out when fulfilling orders or when manufacturing assembly workorders. What is the right amount of inventory to have on-hand ready to sell or use? A question many companies ponder and experiment with so they can become more operational efficient and with less carrying costs. Microsoft Dynamics GP offers advanced tools with the Distribution series. The distribution series includes Sales Order/Invoicing, Purchase Order Management, Inventory Control and Light Duty Manufacturing. This article will focus on the inventory module and the purchasing module. Our goal will be to […]
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