Exercise - Set up a default vendor and create a purchase agreement

  • 15 minutes

Before you begin

To get the most benefit from this and other exercises in this module, we recommend that you have the standard sample data that is available in Supply Chain Management that is installed by using Lifecycle Services.

Scenario

You will first set up a default vendor for a warehouse and then create a purchase agreement with that vendor.

Set up a default vendor for a warehouse

  1. In the USMF company, go to Inventory management > Setup > Inventory breakdown > Warehouses.
  2. In the list, find and select Warehouse 12-801.
  3. Under the General FastTab, verify that the Vendor account field is set to US-801.
  4. Close the page.

Create a purchase agreement

  1. Go to Procurement and sourcing > Purchase agreements > Purchase agreements.
  2. Select New.
  3. In the Vendor account field, enter or select US-801.
  4. In the Purchase agreement classification field, enter or select General purchases.
  5. Expand the General section.
  6. In the Expiration date field, enter a date in the future when agreements should be expired by. For example, today's date + 30 days.
  7. Select OK.
  8. Expand the Purchase agreement header section.
  9. In the Default commitment field, select Product value commitment.
  10. In the Purchase agreement lines FastTab, select Add line.
  11. In the Item number field, enter or select S0001.
  12. In the Warehouse field, enter or select 12-801.
  13. Set Net amount to 73570.00.
  14. In the Status field, in the Purchase agreement header, select Effective.
  15. Select Save.
  16. Close all pages.