Once the Material and Vendor Master Data is loaded you can proceed to the third sub-process, Procurement, which is the creation / maintenance of purchase requisitions.
The most important part of purchase requisitions is understanding the different types of PRs and the follow up actions required with each. For example an SPS PR, which routes to contracting for contract award, requires different action than an Outbound MIPR, Miscellaneous Pay PR or an Access On-Line (AXOL) PR.
Interact with the graphic to the right to review the goals of the Managing Purchase Requisitions lesson.
Now let's review the key terms for Purchase Requisition.