Products & Services
Requisition, Purchase & Inventory Issuance
Under which line function does purchasing, requisitioning and inventory fall?
Transport & Logistics Department
Finance and Administration Department
Board of Directorate
The purchasing cycle begins with:
A purchase order
A purchase requisition
A sales order
An inventory internal picking
An approved quotation
How many quotations should be obtained in order to obtain approval to purchase
At least 1 quotation from an approved supplier
At least 2 quotations
As long as the purchase is done from an approved supplier no quotations are required
At least quotations from approved suppliers
No quotations are required as long as invoices are returned
What is the correct document flow in the purchasing modules in Odoo?
Requisition (EPR) -> Purchase Order -> Request for Purchase (RFP)
Request for Purchase (RFP) -> Purchase Order (PO) -> Requisition (EPR)
Requisitions (EPR) -> Request for Purchase (RFP) -> Purchase Order (PO)
What is a back order?
A backorder is an order for a good or service that cannot be filled at the current time due to a lack of available supply
A backorder is used by a buyer to place an order and is issued before delivery
A backorder is a document generated by the seller specifying the details about the product or services ordered by the customer
A backorder refers to the process of formally requesting a service or item, typically using a purchase requisition form or other standardized document.
What may trigger a purchase process?
An expense that is raised by an employee using the expenses module
Reaching minimum order quantity (MOQ) for a particular stockable item
A sale to a customer
A purchase indent is raised by user department for a non-stock item
A discussion with the Head of Human Resources
What items trigger a purchase order?
Stockable items such as routers
Consumable items such as teas
Travel and Subsistence
Various services such as photography and printing
What details are MANDATORY on the purchase requisition
Name of requestor
Time of the requisition
Job card / project
Series of the items listed
Tasks linked to the requisition
Requisition lines define the ...
Sales items that will be sold
Products that are to be purchased
Inventory issues in the system
Vendors available to supply goods
What is an internal picking?
An item that will be purchased from a vendor / supplier
An item that is available for request from stores
An internal request to the managers for resources
An external supplier who has access to the Telco Odoo system
What are the 3 picking details that MUST be set on a requisition
Internal Transfer type
Internal Picking type
What two steps must be followed in order to get the requisition paid or issued?
Get 1 approver
Confirm and approved
Confirm and Submit
What is the basis of purchase once quotations are obtained
Lowest price only
Quality of the product
RFPs when confirmed become...
Which product types can be received?
What document is created by a receiving action?
A vendor bill
A purchase order
A Goods Received Note
An inventory voucher
Vendor bills are validated by...
Human Resources Manager