| Purchase : Blanket [message #248504] |
Fri, 29 June 2007 04:32  |
voralux
Messages: 72
Registered: January 2006
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Member |
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Dear All
Can anyone let me know about concept & use --> blanket in oracle purchasing
thanks
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| Re: Purchase : Blanket [message #252936 is a reply to message #248504] |
Fri, 20 July 2007 14:49  |
raghu.nandana
Messages: 16
Registered: July 2007
Location: Bangalore
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Junior Member |
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In Purchase
Commonly we are using two types
One standard PO
In that item price and qty, shipping location are mentioned in PO and send to approval get it approve and make receive transaction
Second one Blanket PO
In that only item price is freeze in PO and get it done approval and in release we mention qty (here we divide period into Monthly, Weekly or Daily) and shipping location and get it approval.
Any more doughty contact on raghu.nandana@rediffmail.com
Ph-+91-9845152181
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| Re: Purchase : Blanket [message #253243 is a reply to message #252936] |
Mon, 23 July 2007 04:58 |
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Hi,
You create blanket purchase agreements when you know the detail of the goods or services you plan to buy from a specific supplier in a period, but you do not yet know the detail of your delivery schedules.
Let me give a real time example on this.
Let us say you are buying 50 laptops from a supplier A.
You have negotiated the price with that suppiler for your 50 laptops.
Now you are sure about the price,quantity but not about the delivery schedules.
In this case you will create a Blanket Purchase Agreement and when ever the goods arrives at your office you will create Releases.
Hope this clears your doubt.
Best Regards & Thanks,
Arun Reddy
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Oracle Apps Techno Functional Consultant,
arunapps@gmail.com,
Botswana.
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| Re: Purchase : Blanket [message #253655 is a reply to message #248504] |
Tue, 24 July 2007 09:21 |
B.T.S.Ananth
Messages: 216
Registered: June 2006
Location: chennai / Hyderabad
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Senior Member |
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Hi,
i hope u know ther are 4 types of purchase order
1. only in standard and planned agreement u wil find the shipment button but in contract and blanket u have to release later.
2. when ever the requisition is raised then it refers the related blanket and the quantity is released.
Regards,
Ananth
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