Purchasing Information Record

Serves as a source of information for Purchasing. The purchasing information record (also referred to in abbreviated form as the “info record”) contains information on a specific material and a vendor supplying this material. It can contain data such as the vendor’s current price for the material. The prices and other data stored in the info record are used as default values in documents such as purchase orders. The info record allows buyers to quickly determine:

• Which materials have been previously offered or supplied by a specific vendor.
• Which vendors have offered or supplied a specific material.

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