Blanket Agreement
Hi All,
I have a requirements, I am not sure if it's applicable to fulfill using Oracle Purchasing.., Your Advice is much appreciated.
We have a amount of 1000,000 $ budgeted for annual Maintenance, and we have 4 Suppliers we may issue a releases.
Currently, we have a 4 Purchase agreement, i.e. an agreement for each supplier with limit 500000 $.
The problem is that, business won't limit the agreement of each supplier with 500000 $ they need to keep it open for all but
total released of 4-supplier must not exceed 1000,000 $ (which is budgeted amount)
Any suggestion in this case ? any idea ... workaround?
Thank you in Advance