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Automatic PO Creation for Long Term (Multi Year) Blanket Orders

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edited May 24, 2021 6:36AM in Purchasing 4 comments

Summary

Automatic PO Creation for Long Term (Multi Year) Blanket Orders for Subsequent Years. For a 3 Year Multi Contract PO, the PO's need to be automatically created for Year 2 and Year 3.

Content

Hi Team,

We have a business scenario wherein we need to create Automatic PO's based on long term Contracts for some of the suppliers. Today, we create one PO for Multi - Year Contract and Roll up the total spend in 1st year of PO Creation instead of splitting the same across multi years which leads to incorrect PO Spend Reporting (Inflated for Year 1). We are looking for options in Oracle wherein we can Auto generate PO for Year 2, Year 3 for a 3 Year Contract with vendor.

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