The purchasing info records is source of information for purchasing. It contains information on a specific material and a vendor supplying the material. For example, the vendor’s current pricing is stored in the info record. The purchasing info records referred to in abbreviated form as called Info
This post explains general background information on the “outline agreements” (which, outside the SAP System, may also be referred to as blanket, master, framework or umbrella agreements) that are used in the SAP MM Purchasing component. In basic Outline Agreement can be classified with 2 different types. Contract
The request for quotation (RFQ) is an invitation to a vendor to indicate his terms and conditions (in particular, his price) for the supply of a material or the provision of a service by submitting a quotation. As in the case of the purchase requisition, the RFQ
This post describes the release procedure for requisitions in Purchasing. This topic “release” means giving approval, or clearance, to go ahead with the procurement of the materials or services set out in the requisition, and should not be confused with the issuing of orders against longer-term purchase
Movements for a material that is valuated with the material ledger are always carried out using the valuation price. If the price control indicator in the material master record is S, movements for the material are carried out with the standard price. If the price control indicator
The Transfer order or requirement contains information about a planned movement of stock in the warehouse. The corresponding transfer order contains the information the system needs to carry out the movement, that is, the physical movement of a specific quantity of material from one place to another.
The basic role of material requirements planning (MRP) is to monitor stocks and, in particular, to automatically generate order proposals for purchasing and production (planned orders, purchase requisitions, or delivery schedules). This target is achieved by using various materials planning methods which each cover different procedures. Consumption-based