Purchasing/Inventory Accelerated Rel 9.1

This course covers several of the basic features and functions of PeopleSoft Enterprise Purchasing and PeopleSoft Enterprise Inventory. The Purchasing portion of this course covers the implementation steps for PeopleSoft Purchasing including setting up purchasing business units, buyers, requesters, vendors, items, and the Approval Framework. The purchasing section of this course then discusses the entry and processing of purchasing transactions including requisitions, purchase orders, receipts, change orders, and purchase order contracts. This course discusses additional procurement options that include defining the default hierarchy, using distribution networks, establishing miscellaneous and landed costs, setting up sales and use taxes, and maintaining price adjustments.

The Inventory portion of this course covers the implementation steps for PeopleSoft Inventory including setting up inventory business units, material storage locations, PeopleSoft Cost Management settings, items, and the Events and Notifications Framework. The inventory section of this course then discusses the entry and processing of inventory transactions including stocking items, adjusting stock levels, transferring stock, shipping orders, replenishing stock, and recording inventory count results. This course discusses additional inventory features that include using storage containers, establishing par locations, transferring stock between business units, recording the accounting for all inventory transactions, and receiving items from PeopleSoft Purchasing.

Learn To:

• Set up the basic structure for Purchasing and Inventory
• Enter and process purchasing transactions
• Enter and process inventory transactions
• Adjusting purchase order prices and taxes
• Maintain an inventory business unit
• Understand integraion between PeopleSoft applications

A Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.

Audience

• Business Analysts
• Project Manager
• Functional Implementer

Course Topics Purchasing Business Process Overview, Business Units, and Options

• Understanding the PeopleSoft Purchasing Business Process Flow and Functionality
• Understanding the Integration Points between PeopleSoft Purchasing and other PeopleSoft Applications
• Understanding the Default Hierarchy
• Finding Information about PeopleSoft Purchasing in PeopleBooks
• Defining Installation Parameters
• Creating PeopleSoft Purchasing Business Units
• Creating PeopleSoft Purchasing Processing Options

Setting Up Basic Information, Vendors, and Items

• Creating Locations, Ship To Locations, Requesters, and Buyers
• Searching for a Vendor
• Adding and Approving a Vendor
• Updating and Reviewing Vendor Name History
• Creating Item Categories
• Adding, Copying, and Loading Purchasing Items
• Approving Items
• Setting Up Purchasing Kits

Setting Up the Approval Framework

• Describing the Approval Framework
• Setting Up Purchasing for Use With the Approval Framework
• Setting Up Workflow Approvals

Creating and Approving Requisitions

• Explaining the Requisition Business Process Flow
• Creating Requisitions Online
• Managing the Requester's Workbench
• Loading Requisitions from Other Applications
• Managing Approvals
• Editing Requisitions
• Delegating Approval Responsibility
• Monitoring Approvals

Sourcing Requisitions and Creating Purchase Orders

• Sourcing Requisitions Online
• Sourcing Requisitions Using the Autoselect Requisitions Process
• Building Inventory Demand Process
• Using the Sourcing Workbench
• Identifying Sourcing Methods
• Configuring the PO Calculations Process
• Configuring the Create PO Process
• Explaining the Purge Stage Tables Process

Managing Purchase Orders

• Explaining the PO Business Process and Structure
• Creating and Updating Purchase Orders
• Creating a PO by Copying from Another Document
• Using the Buyer's Workbench
• Evaluating Options to Dispatch Purchase Orders

Demonstrating Receiving, Change Orders, and Delete Functionality

• Defining Receiving Setup Information and Receipt Statuses
• Creating a Receipt with or without a Purchase Order
• Describing How Receipts Interface with Other PS Applications
• Describing the Receipt Accrual Process
• Describing PO Change Templates
• Creating, Viewing, and Processing Change Orders
• Deleting a Purchase Order
• Describing Requisition Change Tracking and Requisition Deletion

Configuring Additional Procurement Options

• Describing Distribution Networks
• Setting Up Miscellaneous Changes and Landed Costs
• Combining Miscellaneous Charges with Items or POs
• Setting Up Sales and Use Tax
• Setting Up Vendor Price Adjustment Rules
• Setting Up PO Schedule Price Adjustments

Creating and Using Purchase Contracts

• Defining Contract Set Controls
• Explaining Master Contracts
• Creating Purchasing Contracts
• Generating Contract Purchase Orders
• Explaining Blanket Purchase Orders

Inventory Business Process Overview and Setting Up Basic Options

• Describing Business Processes That Include PeopleSoft Inventory
• Describing PeopleSoft Inventory Features and Functions
• Describing PeopleSoft Inventory Integration Points Within PeopleSoft
• Describing Sources of Information About PeopleSoft Inventory in PeopleBooks
• Setting Up Installation Options
• Setting Up Common Definitions
• Using the Events and Notifications Framework

Setting Up Inventory Business Units and Facilities

• Describing PeopleSoft Business Units
• Classifying PeopleSoft Inventory Business Units
• Setting Up PeopleSoft Inventory Business Units
• Setting Up Business Unit Closure Calendars
• Describing the Structure of Inventory Facilities
• Setting Up Materials Storage Locations (MSLs)
• Describing Storage Zones

Setting Up PeopleSoft Cost Management

• Describing the Cost Flow
• Setting Up the Cost Structure
• Setting Up Transaction Accounting Rules
• Describing PeopleSoft Cost Management Processes

Setting Up Inventory Items

• Setting Up Item Control Options
• Setting Up Items
• Setting Up Items for a Business Unit
• Using Item Templates
• Loading and Copying Items
• Performing Item Maintenance

Stocking Material (Put away)

• Describing the Put away Options
• Setting Up Put away Options
• Performing the Multi-step Put away Process
• Viewing Inventory Balances
• Performing an Express Put away
• Receiving Item from PeopleSoft Purchasing

Maintaining Inventory

• Maintaining Lot-Controlled Items
• Maintaining Storage Containers
• Maintaining Inventory Status
• Performing Inventory Adjustments
• Performing Inventory Transfers
• Analyzing Inventory

Setting Up and Using Demand Fulfillment

• Setting Up Demand Fulfillment
• Creating Stock Requests
• Reserving Stock for Shipment
• Picking Stock for Shipment
• Shipping Stock
• Using Auto Processing
• Understanding Direct Processing
• Using the Fulfillment Workbench

Using Advanced Features in Demand Fulfillment

• Deferring Depletions
• Using the Undo Fulfillment Feature
• Using the Delivery Management Feature
• Receiving Freight Calculations From Third-Party Providers

Recording Accounting Transactions

• Reviewing the Cost Flow Process
• Creating Accounting Transactions

Replenishing Stock

• Describing the Replenishment Process
• Setting Up Replenishment Options
• Performing the Replenishment Process

Counting Inventory Stock

• Describing the Physical Counting Process
• Setting Up Utilization Types for Cycle Counts
• Setting Up Counting Events
• Performing Counting Events

Transferring Stock Between Business Units

• Setting Up Basic Parameters for Interunit Transfers
• Setting Up Transfer Pricing
• Performing Interunit Transfers
• Describing Interunit Expense Issues

Managing Par Locations

• Describing the Par Locations Process
• Setting Up Par Location Options
• Replenishing Par Locations
• Maintaining Par Locations
• Describing Material Usage

Course Objectives

• Replenishing inventory stock
• Implementing PeopleSoft Purchasing
• Setting up PeopleSoft Inventory
• Establishing business units
• Maintaining inventory stock
• Shipping orders from inventory
• Creating vendors, buyers, and requesters
• Adding and maintaining items
• Using the Approval Framework
• Entering and processing purchasing transactions
• Entering and processing inventory transactions
• Using advanced procurement options
• Adjusting PO prices and applying taxes
• Using purchase order contracts
• Recording inventory stock counts
• Using the Events and Notification Framework