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Your scenario can be modeled using purchasing hierarchies.
Setup the 3 positions.
Assign people to these 3 positions.
Give $0.01 approval limit to the first 2 positions.
If you have more complex requirements, you can use AME.
Now we are doing as you have sugested in your 1st advice. But the issue is that, Planner have to take approval of 3 person HOD, Store Manager and then finally buyer. Again buyer should not be able to approve the PR with out the approval of Store Manager and Store manager should not be able to approve the PR with out the approval of HOD.
Anyway thank you Sandeep. We are now planning to do it by personalization of the user LOV with the help of Keyflex field.
Anyway could you please tell me that, wheater AME(Oracle Approval Management) comes seeded in inventory/purchasing or we need to procure separate license for it ?
I am not sure why the first option does not work for you.
Have you set up the approval hierarchy properly?
In the hierarchy, the Planner should report to HOD, HOD to store manager and Store manager to Buyer.
The Planner, HOD and Store Manager should have a $0.01 limit.
In this scenario, every requisition over 1 cent will have to be approved by 3 people.
AME is bundled with EBS. You do not need separate license. See Frequently asked Questions on AME: Doc ID: Note:431815.1.
Hope this helps,
I agree with Sandeep it will work for you. You also can have this setup for Supervisor hiearchy but position hiearchy sound more apt for the scenario (HOD, Store Manager).