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Sir
The main problem is the change in material price itself which will be changing every month. How to account this. De-releasing PO every time is a big task. Also any change after GR is done will affect procurement and inventory report.
Regards
Vivek
| | | ---------------Original Message---------------
From: VIVEK MANE
Sent: Friday, January 14, 2011 1:09 AM
Subject: Material price change in PO due to government control
Hi
Our client has a business requirement as below.
Po has price variation clause wherein price will vary monthly.
The order has been placed on a approximate Base value provided by the vendor.
The deliveries would happen in multiple shipments and rates would vary each shipmentwise and monthwise.
This will continue in future.
What we want to suggest to them is to use Quantity contract with periodical release order as per actual price.
Also for current POs placed we want to ask them to check with finance if they can increase the Price and do the MIRO.
Require valuable opinion in this case.
Regards
vivek |
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