Topics covered

1. Organization Structure

2. ERP Model Where procurement cycle fits.

3. System Landscape & overview on ASAP methodology
4. Master Data
5. Vendor Master
6. Transaction data Running a procurement cycle
PR purchase requisition
RFQ request for quotation
PO purchase order
GR good receipt
IV invoice verification
7. Source of supply
8. Source Determination
Source List
Quota Arrangement
Source determination mechanism.
9. Scenarios in Procurement
10. Output Determination With concept and configuration
11. Introduction to Inventory Management
12. Stock Transfer/Transfer Posting
Stock Transfer between Storage Locations
Stock Transfer between plants With overview on ICSTO
13. Special Stocks
Vendor Consignment
Pipeline
Subcontracting
15. Basic Invoice Verification Process
16. Bill of Material
17. Release strategy