Rental Equipment Scenario in Remote Logistics Management

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  • Generated by Jive on 2016-01-22+01:001

    Rental Equipment Scenario in RemoteLogistics Management

    Rental Equipment Scenario in Remote Logistics Management (RLM):

    There are many industries that takes Machines/Equipment on rent to execute their day to day operations.There are different reasons for taking the Machines/Equipment on rent like:

    Machine/Equipment is too costly to be purchased It is to be used for one time activity only Intermittent use of Machine/Equipment To avoid cost of storage, maintenance, depreciation & disposal

    I will explain in below steps how we can execute the Rental Equipment Process with MM-RLM (RemoteLogistics Management) integration.

    1. Create purchase order with service line and appropriate account assignment.

    2. Create service item, with either a rental service master or service group. Specify the rental quantity (number of days), unit of measure (time-based, usually days), price,

    over delivery tolerance.

    3. Check the Rental check box on the service item.

  • Rental Equipment Scenario in Remote Logistics Management

    Generated by Jive on 2016-01-22+01:002

    Enter mobilization material (rental item material master), quantity, unit (EA), package andMobilization status.

    4. Save the purchase order. On saving the PO, SAP will create material lines on the PO for the rentalmaterial masters.

    The automatically created line item for the Mobilization equipment will have the Free itemcheck box selected in it.

    5. Item delivered Enter physical receipt of equipment via MIGO 101 PO receipt.

  • Rental Equipment Scenario in Remote Logistics Management

    Generated by Jive on 2016-01-22+01:003

    Physical location of equipment can be tracked whilst on site, if desired, by moving from storagelocation to storage location.

    6. Service Entry for the Rental period Create Service Entry sheet for the rental period of the equipment.

    7. Return to vendor5. Enter vendor return document via MIGO 122, referencing PO line item.

    Set document date to the date when equipment was returned to the vendor or vendor was notified(can vary depending on rental contract terms).

    8. Post invoice 3-way match between PO, invoice and service receipt, up to the date of last service entry run.

  • Rental Equipment Scenario in Remote Logistics Management

    Generated by Jive on 2016-01-22+01:004