Monday, November 20, 2017

Purchase Info Record & Source list


Purchase Info Record

Info record is short form for purchase information record. The info record contains concise information about a vendor and a material that purchasing already procures from that vendor. An info record thus represents a material-vendor relationship.

Purchasing info record shall be updated while processing various purchase documents like contract, imports, etc.
The details shall be maintained for a plant and purchasing organization. Details like prices & other conditions, the information in the latest purchasing info record for a combination of vendor and material for that purchasing organization and plant shall always be defaulted when creating a purchase order. Info record will be maintained from the last PO number in the combination of vendor and the material.

Source List

A source list specifies the possible sources of supply for a material over a given period of time.
It shows the time period in which a material may be ordered from a given vendor or under a certain long-term purchase agreement. The source list supports the user in answering the question: “Which vendors or internal suppliers can supply a material at a given point in time?” It is also used in the automatic selection of vendors for a material. The source list record uniquely identifies the source of supply, a vendor, an internal plant, or an outline agreement item, and facilitates determination of the applicable source for a purchase requisition at a certain time
·                    Source List can be created automatically or manually
You can maintain the fixed source of supply in source list

·        You can block the vendor for the specific time period for a specific material

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