2. Overview of Procurement Processes

The procurement process in SAP Materials Management can be broken down into number of processes;

1. Procurement Cyle: This refers to the procure to pay process.

2. Stock Transfer Order: Inter-plant stock transfers

3. Sub-Contracting: Sub-contracting part of the production process to a third party

4. Vendor Consignment: Withdrawal of already delivered material stock before settlement

5. Goods Receipt: Receving goods delivered by the vendor into the company warehouse

6. Invoice Receipt: Payment of goods delivered by the vendor.


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