Supply Chain-Procurement and P2P Flashcards
What Procurement is responsible for?
Executing requisitions and orders for delivery in response to a specific need, assuring products are purchased at agreed price, etc.
What P2P stands for?
Procure to pay.
What is P2P?
It is a series of steps detailing:
- the purchase
- method of purchase
- approval
- payment
What is the Buy to pay Matrix?
Clear guidelines on how to channel our purchases.
(P-Card, FL, SWPS PO, 1-Click, etc)
Streamlining the traditional 3-way match to determine the most efficient and effective method to acquire and pay for various categories of goods and services.
What does SWPS stands for?
Schlumberger Web Procurement System
For what is use SWPS?
to place order with suppliers
For what do sourcing managers use catalogs in SWPS?
To outline what prices were agreed upon for each location and segment.
These catalogs are uploaded into SWPS.
Why do we use Catalogs?
to manage our contracts by supplier and BORG (business organization)
Why catalogs are linked by supplier and business organization (BORG)?
if a pricing just belongs to one district alone can be only accessed by the district.
What do we use when catalog does not exist?
We can do a special request.
Give 3 authorized buying channels in Schlumberger together with examples of proper use.
- PO- purchasing chemicals such totes of J627
- P-Card buying less than 2K lab equipment
- Expense- Rental car
- Fuel card- Just buying fuel for SLB cars
- Travel card- Buy flights. (corporate airfare)
What are good receipts?
Goods Receipt or receipt of products an official document issued to acknowledge receipt of items listed under the purchase order.
Who can purchase goods and services in SLB?
SLB has designated buyers amongst the Procurement organization who’s responsibility it is to understand out producers and processes.
For what Buyers are responsible for?
Buyers are responsible for purchasing goods or services for SLB business as well as managing the payment of goods or services.
For what we use good receipts?
GR are used to verify that SLB has in fact collected the goods or services that the supplier has invoiced.
