Book Image

Becoming a Dynamics 365 Supply Chain Management Functional Consultant Associate

By : Juan Bravo Vargas, Mariano Martínez Melo
5 (1)
Book Image

Becoming a Dynamics 365 Supply Chain Management Functional Consultant Associate

5 (1)
By: Juan Bravo Vargas, Mariano Martínez Melo

Overview of this book

Meeting delivery commitments has become increasingly challenging due to evolving demands and fluctuating material availability. As a result, establishing robust systems and processes that can adapt to this dynamic environment has become a necessity. With Becoming a Dynamics 365 Supply Chain Management Functional Consultant Associate, you’ll understand how to initiate and implement effective supply chain management processes. This book begins with an overview of the processes and modules within Dynamics 365 and then delves into real-life case studies involving procurement, sales, and quality assurance. You’ll explore more advanced tools and core processes, such as warehouse and transportation management, which allows you to define storage flows and shipping controls. You’ll also learn about the various tools available to define solutions and discover how to work within the Dynamics 365 Supply Chain Management platform. The last set of chapters will take you through the planning techniques and considerations to schedule and control all supply process flows seamlessly. By the end of this book, you’ll not only be well-prepared to obtain your certification as a Microsoft Dynamics 365 Supply Chain Management Functional Consultant Associate but also be equipped to solidify your expertise and pursue exciting career opportunities.
Table of Contents (14 chapters)

Working with vendor rebates

A vendor rebate agreement is a contract agreement between a company and a vendor that outlines the terms and conditions for the company to receive a monetary reward for meeting predetermined purchase targets. This means that when the seller effectively sells the goods, the buyer receives monetary compensation from the seller for that sale. Rebate programs manage rebates; the rebate programs are responsible for controlling when, how much, and under which terms.

We will dive into the process of capturing and calculating rebates provided by vendors, where you can significantly reduce supply chain expenses and enhance your product margins. Let’s start by setting up this functionality.

Setting up

The first steps we need to do are in the Procurement and sourcing parameters form.

Navigate to Procurement and sourcing > Setup > Procurement and sourcing parameters. In the Rebate program tab, we will see the following form:

Figure 4.51 – Rebate program parameters ...