Microsoft Dynamics GP Inventory Management & Purchasing Course Overview

Microsoft Dynamics GP Inventory Management & Purchasing Course Overview

The Microsoft Dynamics GP Inventory Management & Purchasing course is a comprehensive training program designed to equip learners with the skills and knowledge required to effectively manage and oversee inventory and purchasing within the Microsoft Dynamics GP system. This course offers a deep dive into the functionalities of setting up inventory items, managing various inventory transactions, handling purchase orders, receipts, and returns, as well as managing inventory costs and generating insightful reports.

Throughout the course, participants will learn best practices for inventory management and purchasing, ensuring they can optimize their organization's operations and maintain accurate inventory control. With a focus on practical application, the course also covers troubleshooting common issues and integrating inventory management with other modules in Microsoft Dynamics GP. By mastering these areas, learners will be able to enhance inventory accuracy, streamline purchasing processes, and contribute to the overall financial health of their business. The course's modular structure allows for targeted learning on specific topics, such as managing inventory in multiple locations, currencies, warehouses, and item substitution sets, ensuring a well-rounded educational experience.

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  • Live Online Training (Duration : 16 Hours)
  • Per Participant
  • Guaranteed-to-Run (GTR)
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♱ Excluding VAT/GST

Classroom Training price is on request

  • Live Online Training (Duration : 16 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

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Course Prerequisites

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.