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)

Reconciling freight bills and invoices

When we confirm our shipment, a freight bill is generated with the estimated costs calculated by the rate engine. As this bill is estimated, we can have differences between what is charged on the bill and what comes in the shipping carrier invoice, which could affect the costs of the sales order, for example.

Not to mention that, daily, companies receive tons of carrier invoices that need to be matched with every associated shipment.

This is commonly known as the freight bill reconciliation or matching process. There are two ways to perform freight reconciliation: manually or automatically. We must set up parameters to use automatic reconciliation to define the criteria that match bills with invoices.

For a better understanding, the TMS within Dynamics 365 proposes the following process for freight reconciliation:

Figure 9.34 – The freight reconciliation process

Figure 9.34 – The freight reconciliation process

The freight rate is calculated by the...