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Page 1 of 9 FULLY EXECUTEDPurchase Order No:4300688395Original PO Effective Date: 03/22/2021 PO Issue Date: 03/23/2021 Valid From: 04/01/2021 To 06/30/2021 Your SAP Vendor #: 328262Please Deliver
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How to fill out po release strategy based

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How to fill out po release strategy based

01
Access the Purchase Order Release Strategy transaction in your ERP system.
02
Enter the relevant purchase order number that needs to have a release strategy applied.
03
Define the release strategy based on criteria such as total value, purchasing group, or material group.
04
Assign release codes to different individuals or roles who have the authority to release the purchase order.
05
Save the release strategy and activate it for the specific purchase order.

Who needs po release strategy based?

01
Companies with strict procurement policies and regulations.
02
Organizations with multiple levels of approval for purchase orders.
03
Companies looking to establish control and authorization measures in their procurement process.
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The po release strategy is based on predefined rules or criteria set by the organization to determine who is authorized to release purchase orders.
Usually, purchasing managers or procurement officers are required to set up and manage the po release strategy based on company policies.
To fill out the po release strategy, users need to access the release strategy configuration settings in the procurement system and input the criteria or rules for release authorization.
The purpose of po release strategy is to define a systematic process for authorizing the release of purchase orders based on specified criteria, ensuring proper approval and control.
Information such as release criteria, approval hierarchy, authorization levels, and release thresholds must be reported on po release strategy based.
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