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ReportWhat is Requisition Management? And What purpose does it use?
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What is Requisition Management? And What purpose does it use?
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Hi Dinesh,
Please let me know if you have any further query on this or verify the answer if it serves your question.
Regards,
Saurabh Shah
Hi Dinesh,
Some more information as below:
The primary functions of purchasing include procuring materials and supplies in
optimal quantities and scheduling a timely receipt into inventory. These activities
contribute to a company's smooth operation, timely fulfillment of sales orders,
and results in cost efficiencies, especially in inventory control.
In Microsoft Dynamics NAV, the Requisition Management functionality helps
automate the procurement process and enables the purchasing agent to perform
basic purchasing activities efficiently and confidently.
The requisition worksheet, which is the central processing tool, offers the
following features:
• Calculates a current and detailed purchase order proposal plan.
• Creates actual purchase orders from order proposal lines.
• Manages stockkeeping units that are replenished by transfer and creates the corresponding transfer orders.
• Manages designated purchase order lines from other areas of the application automatically.
• Manages manually created purchase order proposal lines.
• Controls the flow of relevant information between concerned departments.
• Provides a practical overview of the individual processes involved.
The planning functionality found in the requisition worksheet is the same as that
found in the planning worksheet in the manufacturing application area. The
difference is that the requisition worksheet plans for items that are replenished by
purchase and transfer, while the planning worksheet plans for items that are
manufactured, purchased, and transferred.
Regards,
Saurabh Shah
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