Explain the basic procurement cycle.

Answer Posted / rajesh

purchase requition - source of supply - vendor selection -
purchase order - goods receipt - invoice verification

Is This Answer Correct ?    17 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How do we create a vendor number range?

641


How do planned and unplanned consumption affect movement types?

869


What is the procedure to give specifications for developments?

641


Where does moving average price is used in sap mm? Is it used in po or pir or contract?

650


what kind of L2 & L3 tickets are in SAP MM. Explain with example. Any enhancement done by you in SAP MM?? please help me in providing some real time examples

1151






What is partner function & configuration

1150


What is the use of purchase info record?

659


Why do you need 'material types' in mm?

657


What is mysap erp? What business components can it be classified into?

632


What setting are required to run quota arrangement to determine vendor?

649


What are the main features of consignment stock?

624


What is cbp?

655


Please suggest ME which institute is best for sap mm and kindly let me know which institute Mr.Syed Quarish is working and his contact no? and who is expert in teaching test scrips and CIN

1639


What is the result of goods movement?

648


What is sap? How is it used in industries?

661