Can anyone explain third party rocurement process?
Answers were Sorted based on User's Feedback
Answer / prashant
Third Party Procurement.
In this we required Customer, supplier inspite of all std
data.
we order the supplier to send material but not to our
premises. the supplier should send it directly to customer.
while creating purchase order we have to give customer and
subcontracting check box ticked in the delivery tab and
also use proper item category
Is This Answer Correct ? | 7 Yes | 0 No |
In third party procurement process:
1.Create sales order with third party item,then system will generate a purchase requisition.
2.In purchase order, enter third party item with reference to sales order purchase requisition.
3.Vendor supplies goods to customer,you can post the statistical goods receipt in MM-IM.However it is not compulsory.
4.The vendor sends invoice to you,enter invoice in MM-IV.
5.Create billing doc for the customer.
Is This Answer Correct ? | 6 Yes | 0 No |
How is consignment material procured?
Define time-phased planning.
How is an item with serial no. managed?
Explain control data for scheduling agreements.
How is stock transfer from one storage location to another done?
Define consignment stock. What are the main features of consignment stock?
What is purpose of zgr based invoice verification in purchase order?
How is the pricing of consignment stocks done?
best institute for warehouse management course
how we receive by products ,scrap material from subcontract vendor what movements types we use while doing this
what is the reference for MB51 and MB41?
What are the steps involved in consignment cycle?
10 Answers Aresco, Cap Gemini, Genpact,