4 Procurement and Contract Management

Question 1

How can a PR be created?

Answer 1

• Request for materials, parts, and/or services using 1 of these applications:
  Desktop Requisition
  Service Request
  Purchase Requisition
• Use the Reorder action within the Inventory application to reorder a storeroom replenishment or direct issue item associated to work orders
• Awarding an RFQ using the Request for Quotation application

Question 2

How can a PO be created?

Answer 2

from 1 of these:
- Requisitions
- Reordering function
- Request for Quotations
or: manually

Question 3

What is the Receiving application used for?

Answer 3

• render services
• receive materials

if applicable:
- perform inspections
- receive serialized items as assets

if necessary:
- make returns

ordered items are then moved to storerooms, work locations, people, etc.

Question 4

What is the Invoices application used for?

Answer 4

reconcile vendor invoices