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

Which documents are used as references when we create po?

654


What is valuation grouping code related to obyc?

754


How is the pricing of consignment stocks done?

710


What’s the real value of this upgrade from a technology perspective?

616


If you want to restrict a po to create quantity not more than 5 units then what will you do? What will be your approach?

755






What is a batch?

640


How is subcontracting used in case of mm?

653


What is the difference between external procurement and internal procurement?

964


What is the class type? How will you configure a class type?

611


Explain lot sizing

667


Is material and vendor data available at all organizational levels?

821


what is cbp? What is the difference between cbp and mrp?

787


Outline the functions supported by material master?

829


Explain the types of pipeline stocks in sap mm

647


Explain stock transfers?

670