Best Value Chem Interview Questions and Answers for Experienced

Release strategy in SAP MM involves defining rules for approving purchase requisitions and purchase orders.

• Release strategy is set up based on characteristics like document type, value, and vendor.

• Multiple release codes can be assigned to different levels of approval.

• Release strategy can be configured to require sequential or parallel approvals.

• Example: Requisition with value over $10,000 requires approval from manager

Subcontracting Po refers to purchase orders created for subcontracting activities.

• Subcontracting Po is used when a company outsources part of the manufacturing process to a third-party vendor.

• It includes details such as the materials to be provided to the subcontractor, quantities, delivery dates, and pricing.

• The subcontractor then processes the materials and returns the finished goods to the company.

• SAP allows for the...read more