Microsoft Dynamics 365: Finance and Operations Apps Solution Architect — Question 46
A company produces automotive components. The company uses Microsoft Excel to track the quantity of parts on hand.
The company wants to automate processes to track inventory using Dynamics 365 Supply Chain Management.
You need to ensure that the company can track suppliers and determine when to purchase new inventory.
Which two features should you use? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
Answer options
- A. Purchase policies
- B. Master planning
- C. Purchase agreements
- D. Purchase requisitions
- E. Demand forecasting
Correct answer: B, E
Explanation
The correct answers are B and E. Master planning (B) is necessary for overseeing inventory levels and scheduling purchases, while demand forecasting (E) helps predict future inventory needs based on historical data. The other options, while relevant to procurement, do not directly address the automation of supplier tracking and inventory replenishment.