What is Project-Oriented Procurement in SAP PS - Project System?

SAP Term: Project-Oriented Procurement

• Component: PS

• Component Name: Project System

• Description: A function in the that consolidates information from the procurement process from a variety of applications, such as the , Materials Management, and Production Planning and Control. All procurement-related data and documents for a particular object are displayed in different overviews. The objects for which data and documents can be displayed are: WBS element Network Activity Activity element Component The overviews that can be displayed for the objects are: Components Activities/Elements Orders/Documents Quantities Dates Stock Deliveries From these ProMan overviews you can execute various procurement-related functions such as generating a purchase order for a selected purchase requisition, posting a good issue for network components, transferring stock, and so on.

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• Key Concepts: 
  Project-oriented procurement is a feature of the SAP Project System (PS) component that allows for the efficient management of procurement activities related to a project. It enables users to plan, monitor, and control the procurement process for materials and services needed for a project. This includes creating purchase orders, tracking delivery dates, and managing invoices. 
  
  How to use it: 
  Project-oriented procurement can be used to manage the procurement process for a project. This includes creating purchase orders, tracking delivery dates, and managing invoices. The system also allows users to monitor the progress of the procurement process and make adjustments as needed. 
  
  Tips & Tricks: 
  When using project-oriented procurement, it is important to ensure that all relevant information is entered into the system accurately. This includes details such as delivery dates, quantities, and prices. Additionally, it is important to keep track of any changes that are made to the purchase orders or invoices in order to ensure that all information is up-to-date. 
  
  Related Information: 
  For more information on project-oriented procurement in SAP PS, please refer to the official SAP documentation at https://help.sap.com/viewer/product/PROJECT_SYSTEM/100/en-US.