| # Introduction You use Procurement to manage purchase activities and maintain the data that is the result of these activities. The procurement functionality includes several functional procedures that (partly) control the purchase of goods. The main purchase procedure is the purchase order procedure. In most cases, the purchase order procedure does not act as a stand-alone procedure, but is preceded and followed by other procedures. These procedures (can) precede the purchase order procedure: Purchase requisition procedure Request for quotation (RFQ) procedure Purchase contract procedure The purchase schedule procedure runs parallel to the purchase order procedure. The vendor rating procedure follows the purchase order procedure. The main functions and features of Procurement are described in these topics: Purchase Master Data Purchase Requisitions Requests for Quotation Purchase Orders Purchase Contracts Purchase Schedules Purchase Vendor Rating Statistics |