Ability to default Item Standard Cost as Unit Price

Summary

Ability to default Item Standard Cost as Unit Price

Content

We have a requirement to capture requests for using items that are stocked in our warehouses for R&D, Internal testing or Trade shows etc. Such requests need to go through multiple approvals before they can be fulfilled.

On reviewing the available options we planned to process such requests as "Purchase Requisitions" using Self Service Procurement where we use supplier as **** Internal. Approved requisition is then converted as an Expense order in OM cloud to schedule, plan and fulfill from the warehouse where the product is stocked.

For this process we require the unit price on the requisition to default as Item Standard Cost. Please advise if there are any options to do this.