What is meant by a release strategy?

Answers were Sorted based on User's Feedback



What is meant by a release strategy?..

Answer / j.ravindra

It is on line approvel process of a purchase requisition or
a purchase order.With this procedure we can have better
control on procurement.It can be done by one or group of
persons having authorisation to approve the requisitions
with the help of release codes.

Is This Answer Correct ?    44 Yes 2 No

What is meant by a release strategy?..

Answer / amol sarode

The aim of the sap purchase order release procedure is to
replace the manual written authorization procedures. An
electronic signatures is used instead, maintaining the dual
control principle. The person responsible for the
processes of the requisition or other purchasing document
in the system have to approve by marking an "electronic
signature" which can give the document legal force for
further processing.

Steps for configuring release strategy:
1. create PO characteristics by CT04
2. Create the Class of the PO Release Strategy by CL02
3. Define the PO Release Procedure by OMGS
4. Check PO Release Configuration by OMGSCK (for
verification)

Is This Answer Correct ?    17 Yes 3 No

What is meant by a release strategy?..

Answer / rams

Its a plan to control and identify the document data by
authority.this strategy depend on org system.release
strategy works for all purchasing doc like pr,po and
outline agreements.and also work for external service
management.

Is This Answer Correct ?    11 Yes 1 No

What is meant by a release strategy?..

Answer / eldi

A Release Strategy is the process that replicates manual
approval of Purchase Requisitions and Purchase Orders. A
set of Release Groups are created in SAP to mirror the
authorities empowered to sign contracts for different areas
of the organisation. The Manual of Authorities (Delegation
of financial purchase limits) are created as Release codes
in SAP. Based on configuration , whenever a PR or PO is
created, the document is blocked for further processing.
Manually or using workflow, the document can be cleared
(authorised) by the Releasing authority using the Release
Group and Release Code. Changes to sensitive fields in the
PR/PO can invoke the release strategy so that effective
control is maintained on the purchase process.

Is This Answer Correct ?    12 Yes 2 No

What is meant by a release strategy?..

Answer / rajendra gaikwad

Release srategy stands for purchasing document ( viz PR /
PO / Contract etc ) approval procedure which may be
sequential Step by step approval of purchasing document by
1 or multiple approvers as the case may be.
We can also have optional approvers for a level.

Is This Answer Correct ?    10 Yes 1 No

What is meant by a release strategy?..

Answer / deepak kumar dash

release strategy, means a plan defining defining the release code with which an item of a pr or a complete pr or a complete
purchasing department must be release and the sequence in which release code has to be effect by using this code is known as release strategy.
ME29N - individual release for P.O
ME28 - collective release for P.O
ME54N - individual release for P.R
ME55 - collective release for P.R
ME35k - release for contract
ME84 - release for scheduling Agreement

Is This Answer Correct ?    2 Yes 0 No

What is meant by a release strategy?..

Answer / nagendra

It is an approval process for internal and external documents . It checks the correctness of data.
TWO TYPES OF release Strategy
with classification
without classification

Is This Answer Correct ?    0 Yes 0 No

What is meant by a release strategy?..

Answer / arockia samy.r

Release strategy means, value of the purchase order is more
than certain limit,that can be released by MM manager.that
movement type is ME29N.

Is This Answer Correct ?    19 Yes 31 No

What is meant by a release strategy?..

Answer / ramakrishna udupa

after the creation of po, the po should be released by the
MM manager. The movemenet type is ME29N. But the same will
release a single po which has been selected. ME28 will help
us to release many po's in a single shot

Is This Answer Correct ?    10 Yes 25 No

Post New Answer

More SAP MM (Material Management) Interview Questions

In Release strategy, 1. can we create class first and then characteristics. Can u edit the characteristics.  2. How will you cancel the release strategy even if the documents are in process of approval or pending for approval. If cancelled, will all the documents waiting for approval will get automatically approved as release strategy will no longer be apply to them. 3. Which standard reports are available to pending Purchasing documents for approval. 

4 Answers   TCS,


What is an rfq and how it is different from a quotation?

0 Answers  


Explain the basic steps in configuring split valuation?

1 Answers  


Can we receive the goods before the scheduled delivery date in scheduling agreement?

1 Answers  


How do we create a vendor number range?

0 Answers  






1)wht is the diff between partner function and partner type? 2)wht is the use of account modifier in automatic account determination? 3)in stock detrmination.wht is header table and item table? 4)whr in inforecord you can see the quantum price?

2 Answers   Accenture,


How is the information of material master records updated?

0 Answers  


What is the difference between mara and mark?

0 Answers  


suppose in outline agreements I fixed the price 58 Rs /kg for 200k While I maintain the scale for the same material 50 k - 60 Rs 100 k - 58 Rs 150 k - 56 Rs Like that While I release the contract for only 50k against 200 k The price where we will take

1 Answers  


Can we defined release strategy Dept wise with MM HR integration ? and how?

1 Answers   IBM,


What is meant by a release strategy?

9 Answers   Deloitte,


How do you change characteristic?

0 Answers  


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