Microsoft Dynamics GP Inventory Management & Purchasing Course Overview

To ensure that learners are prepared to successfully undertake training in the Microsoft Dynamics GP Inventory Management & Purchasing course, the following are the minimum required prerequisites:

• Basic understanding of inventory management concepts and principles.
• Familiarity with purchasing processes and supply chain operations.
• Some experience with Microsoft Dynamics GP or other ERP systems is beneficial, but not mandatory.
• Working knowledge of Microsoft Windows operating systems and basic navigation skills.
• Basic computer literacy, including the ability to use a keyboard and mouse.
• Understanding of general business operations, such as sales, finance, and distribution.
• Ability to comprehend and communicate effectively in the language in which the course is taught.

These prerequisites are designed to provide a solid foundation for learners to build upon and are not intended to be barriers to entry. Individuals with a willingness to learn and a commitment to understanding the course material are encouraged to enroll.

Target Audience for Microsoft Dynamics GP Inventory Management & Purchasing

The Microsoft Dynamics GP Inventory Management & Purchasing course is tailored for professionals dealing with inventory control and procurement.

• Inventory Managers
• Purchasing Managers
• Supply Chain Analysts
• Operations Managers
• IT Professionals working with Dynamics GP
• Dynamics GP Implementation Consultants
• Financial Controllers with inventory oversight
• Warehouse Managers
• Distribution Center Supervisors
• Procurement Officers
• Materials Managers
• Logistics Coordinators
• Business Analysts focusing on inventory systems
• ERP Specialists
• Production Planners
• Inventory Accountants
• Quality Assurance Managers
• Compliance Officers in charge of inventory processes
• Systems Administrators managing Dynamics GP environments
• Business Owners looking to optimize inventory and purchasing processes with Dynamics GP
• Continuous Improvement Specialists focusing on inventory and procurement efficiency
• Data Analysts needing to report on inventory and purchasing activities
• Supply Chain Consultants offering solutions for inventory management systems
• Inventory and Purchasing Clerks seeking to enhance their skills and knowledge in Dynamics GP

Learning Objectives - What you will Learn in this Microsoft Dynamics GP Inventory Management & Purchasing?

1. Introduction: This course offers comprehensive training on inventory management and purchasing within Microsoft Dynamics GP, focusing on setup, transaction management, reporting, and optimization.

2. Learning Objectives and Outcomes:

• Understand the functionalities of the Microsoft Dynamics GP Inventory Management & Purchasing module.
• Set up and configure inventory items, including categories, pricing, tracking, and vendor information.
• Manage inventory transactions effectively and troubleshoot common transaction issues.
• Create, manage, receive, and return purchase orders while implementing best practices.
• Control and optimize inventory costs, including cost calculations and analysis.
• Generate, analyze, and customize inventory reports for informed decision-making.
• Establish and maintain inventory security settings for users, items, and transactions.
• Manage complex inventory scenarios across multiple locations, currencies, and companies.
• Navigate and apply multiple item substitution rules, sets, and groups for inventory flexibility.
• Integrate inventory management with other Dynamics GP modules for streamlined operations.