Explain the terms Planned delivery and GR processing time?

Planned delivery means number of calendar days required to obtain the material, and GR processing means number of workdays required after receiving the material for inspection and placement into storage.

For creating a purchasing info record what are the pre-requisites?

The pre-requisites for creating a purchase info record are
 • Material Number
• MPN ( Manufacturer Part Number )
• Vendor Number
 • Organizational level code

What is Source List and what is the transaction code for creating Source List?

To identify sources of supply for materials a source list is used. To create a source list the transaction code used is ME01.

Explain how you can change the standard price in the master material?

The standard price for the material data cannot be updated or changed directly. However, to change the standard price you can perform the following steps
 • Fill in the future fields price ( MBEW-ZKPRS ) and the effective data ( MBEW-ZKDAT) for the materials
• Select Logistics > Material Management > Valuation > Valuation Price Determination > Future Price.

Mention what is the transaction code used to extend the material view?

To extend the material view transaction, code MM50 is used.

Mention what is the transaction code to delete a batch?

The transaction code MSC2N is used to delete a batch. By flagging the batch master record, you can delete a batch record alternatively.

Mention what are the data contained in the information record?

The information record contains data related to the units of measurement, such as the products, vendor price, materials used by specific vendors, etc. It also contains information on the tolerance limit of the under delivery of data, vendor evaluation data, planned delivery time, availability status for goods.