What are the different Procurement types that you can create Purchase

1.	What are the different Procurement types that you can create Purchase requisition?
Answer» Purchase requisition can be created for the following procurement types − Standard − Getting finished material from vendor. Subcontracting − Providing raw material to vendor and getting finished material. Consignment − Procuring material that is kept in company’s premises and paying to vendor for that. Stock transfer − Getting material from within the organization. External service − Getting services like maintenance from third party vendor.

What are the different Procurement types that you can create Purchase requisition?

Answer»

Purchase requisition can be created for the following procurement types −

Standard − Getting finished material from vendor.

Subcontracting − Providing raw material to vendor and getting finished material.

Consignment − Procuring material that is kept in company’s premises and paying to vendor for that.

Stock transfer − Getting material from within the organization.

External service − Getting services like maintenance from third party vendor.