Specific Objectives

The author of this course is known for his insights into Procurement, Inventory, and Manufacturing. We don't just know the software extremely well, we also place heavy emphasis on best practices. We understand the business aspects of Procurement.

Many people think that procurement is simply "the process of buying", but the truth is, it is much broader than this and can involve every department in a company. If you've spent any time in or around procurement, you know that it can get to be complex.

Effective use of the JDE Procurement module can provide the means for pulling together all of different areas involved, resulting in simplifying the overall process. Reaching this end can contribute greatly to increasing a company's bottom line.

So whether you're just starting to implement Procurement or looking to upgrade your company's existing setup to make it the cohesive, comprehensive business solution it ought to be, the Mastery Level Procurement course gives you the insight into the intricacies of the module you'll need to build a truly effective solution.

Subjects are covered in the utmost level of detail for students who want to really understand the how the system handles procurement functions, to a point well beyond what can be attained by attending other course offerings.

While this course offers a great deal of procurement know-how applicable to every type of business, its emphasis is on the presentation of real-world, time-tested solutions for the challenges facing distribution and manufacturing companies. Within the course there are sections for accounting and planning and other areas, but its main focus is on inventory-based and noninventory (expense) procurement supporting distribution and manufacturing operations.

Topics Covered

Introduction
Types of Orders

•  Quotations
•  Requisitioning
•  Finished Goods
•  Blanket Order Contracts
•  Raw Material / Packaging Purchase Orders
•  Outside Processing (Discrete/ Blanket)
•  Change Orders
•  Debit Memos
•  Free Goods Orders
•  Consignment Inventory
•  Non-inventory Lines on Inventory PO's
•  Services
•  MRO - 3 Way Match
•  MRO – 2 Way Match

Twenty Ways to Launch an Order
Procurement Overview

•  Inventory-Based Purchases
•  Expense - Based Purchases

Procurement Set Up

•  System/ Cross Application Set Up
•  Application Set Up
•  Supplier Set Up
•  Item Set Up
•  Supplier / Item Set Up

Standard Purchasing for Inventory

•  Purchase Order Entry
•  Purchase Order Print
•  Purchase Order Receipts
•  Voucher Match
•  Reporting and Inquiries

Intermediate Topics for Inventory Purchases

•  Quote Orders
•  Order Acknowledgement
•  Change Order Processing
•  Blanket Order Processing
•  Return To Vendor Processing
•  Serial Number Processing
•  Lot Control

Advanced Topics for Inventory Purchases

•  Receiving Inspection
•  Supplier Analysis
•  Supplier Certification Status
•  Item Restrictions
•  Purchase Order Kits
•  Supplier Consigned Inventory
•  Vendor Managed Inventory

Non-Inventory Purchases

•  Non-Stock Item Purchases
•  Expense Account Purchases
•  Commodity-Item Purchases
•  Requisitions
•  Order Consolidation
•  Templates

Topics for Manufacturing

•  DRP/ MRP Order Release
•  First-Article Purchases
•  Outside Processing
•  Purchase of a Manufactured Item

Topics for Accounting

•  Landed Costs
•  Flex Accounting for Purchasing
•  Accounting for Purchasing Variances
•  Freight Claim Processing