ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The Procurement Cycle stage in the SAP MM Module will end if:
|
|
Payment (Payment) to suppliers and vendors has been implemented
|
|
|
Billing letter (Invoice) has been submitted to the Accounting department and has been verified
|
|
|
The ordered goods have arrived and the Goods Receipts (GR) transaction has been carried out by the Warehouse
|
|
|
Purchase Orders (Purchase Orders) have been submitted to suppliers and suppliers are ready to supply
|
Explanation:
Detailed explanation-1: -The final stage of the end-to-end procurement process is to actually award the contract to your chosen supplier. Once the winner has been notified, the work can commence. However, the process doesn’t end there.
Detailed explanation-2: -End-to-end procurement is a continuous process of identifying the need, as well as finding and getting suppliers onboard and managing them efficiently. Identify the need for a product or service: Departments within a company identify the requirement and its business benefits.
Detailed explanation-3: -Stage 5: Finalize a purchase order After the final contract has been approved, the next order of business is the purchase order (PO).
There is 1 question to complete.