THE ROLE OF PURCHASING

AGENT IN CRONUS USING

NAV.
TEAM MEMBERS
ROHTASVA GUPTA 152047
RISHABHA JAIN 152046
SHUBHAM SOGANI 152053
SOHAM THAKUR 152055
SANJANA SHEKARAN 152049
SHASHANK VARMA 152050
SMITESH SHAH 152054
SHIVANG SAH 152051
RUCHITA 83 (MBA14)
ARJUN WADALIA 17 (MBA14)
INTRODUCTION

Microsoft Dynamics NAV an ERP software product that integrates financial,

manufacturing, supply chain management, sales and marketing, project
management, human resources, and services management information
from across your organization, into a centralized database.
Purchasing Agent facilitates for Supply chain management.
The purchasing agent orders materials and supplies and then follows up on
Product Order confirmations and partial receipts.
The purchasing agent also researches suppliers to get the best quality
products at the lowest price.
It improve companys inventory management, reduce & have a direct
effect on the companys ability to satisfy their customers.
INTRODUCTION

Investigate return reasons and manage order documents involved in

returning items to vendors.
Prepare a detailed executable supply plan based on production master
data, existing supply orders, and new demand to calculate what and
when to buy, transfer, or produce.
Receive goods at a warehouse location as agreed on inbound orders.
Create and adjust purchase invoices, post payments, and apply
payments to invoices.
Manage purchase returns and supplier refunds.
FUNCTIONALITY

This can record and apply complete information on all vendors, price
agreements, discount agreements, and shipping and, or receiving
arrangements.
Integrated purchase quote system to help purchasing agents find the
best purchase terms.
Integrated blanket purchase order system that purchasing agents can
use to record purchase agreements in advance, and then use this
recorded information in later purchase orders.
Flexible and efficient prepayment system.
Automatic registration of all purchase transaction information, with
high levels of data integration between purchasing, other
components of the supply chain, and sales.
FEATURES & ADVANTAGES

Automatic copying of vendor information to the order header, and item

information to order lines.
Automatic checking of best price and available discounts
Performance of all the necessary calculations
Participation in the programs planning processes
Making sure that the company's financial records are updated correctly