![]() The procurement and sourcing feature also enables companies to manage contracts with suppliers, ensuring that pricing and quality standards are met. Dynamics 365 Supply Chain Management provides this centralization, allowing companies to manage procurement activities, from sourcing raw materials to purchasing finished products, in one place. ![]() With a complex supply chain that includes numerous suppliers and vendors, it’s crucial to have a centralized system for managing procurement activities. Now, let’s delve into how the procurement and sourcing feature can help the automotive industry. It enables companies to collaborate with suppliers, manage contracts, and track procurement activities to ensure timely delivery of goods and services. This feature provides end-to-end procurement processes, starting from identifying the need for a product or service, through to supplier selection and delivery. In this blog post, we will discuss how to use the procurement and sourcing feature in Dynamics 365 Supply Chain Management to benefit the automotive industry.įirst, let’s define what the procurement and sourcing feature in Dynamics 365 Supply Chain Management is. ![]() Dynamics 365 Supply Chain Management provides a robust procurement and sourcing feature that can help automotive companies streamline their procurement processes and reduce costs while maintaining quality standards. The automotive industry is a fast-paced and constantly evolving sector that requires efficient procurement and sourcing processes to stay ahead of the competition.
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