Name
EE27: Optimize Procurement with Advanced Requisition Management (ARM) for Kinetic
Date & Time
Monday, May 20, 2024, 8:00 AM - 12:00 PM
Description

Program Level: Beginner 

Through this session you will learn how Advanced Requisition Management (ARM) allows Kinetic customers to address the challenges of procurement management across the multiple demand streams with an integrated solution. ARM provides the ability to manage the complete procurement life cycle by combining Requisitioning and MRP generated purchase suggestions with multi-level, multi-path approval mechanisms into Kinetic Purchasing Management for an end-to-end functionality. 

This session allows you to create requisitions for non-inventory items, view and process MRP created PO suggestions, track the progress of those requisitions through the approval process within ARM, review the PO in Kinetic and complete the receipting process, ultimately view the process through to Accounts Payable. 

Areas that will be touched on are: 

  • Requisition Creation 

  • Multiple Requisition types  

  • Standard Orders 

  • Blanket Orders 

  • Standing Orders 

  • Workflow Management 

  • Single Approval Path 

  • Multiple Approval Paths 

  • GL Based Budget Management 

  • Project Based Budget Management 

  • Receiving of PO’s for non-inventory items 

  • Processing to AP Invoicing 

  • Data Management 

Cost: There is an additional $350 fee to attend this session. 

Objectives: 

  • Ability to create and approve Requisitions and Purchase Orders 

  • Analyze procurement budgets and approval workflows. 

  • Understand the interaction between ARM and Kinetic Purchasing functionality 

Audience: 

  • Procurement Managers 

  • Procurement Users 

  • CFO 

  • Accountants 

  • Project Managers 

Location Name
Bayou C|Bayou D
Full Address
Gaylord Opryland Resort & Convention Center
2800 Opryland Dr
Nashville, TN 37214
United States
Session Level
Advanced, Beginner
Platform 2024
Kinetic
Industry
Manufacturing
Session Type 2024
Interactive Learning