P2P cycle

Requisition.
When the requisition will occur, whenever there is a demand for some service/items concerns will raise the Requisition. Here as slide shows the Demand may raise from MRP, Legacy Systems, Order Management etc.,
MRP :-
This is Oracle Tool which will tell us the Material Requirement for the given period of time, as an action of this result oracle will automatically create Requisition to the concern supplier as per the initial setup we have given to Oracle.
Legacy Systems.
From legacy systems too which having the planning tool the requisition may occur.
Order Management.
In Order Management we will create order for the customer. Now the scenario is, the customer need the service/Item immediately. Which we do not have it in hand. By sourcing the material from Supplier and shipping the same to customer may require additional time. In this case we can use oracle functionality called “DROP SHIPMENT”. Whenever the order is created with the batch name DS, the requisition will automatically created and send to supplier and in tern supplier will ship the render the service to customer directly.
Manual .
We can also create the Requisition manually.
If the requested service lies with our Organization means create the requisition as internal Sales Order or as PO.