Question Management Information Systems Briefly summarize h

Question - Management Information Systems

Briefly summarize how the phases of the traditional SDLC are simlar to or different from the phases of the modified life-cycle approach for purchasing? [10 Marks]

Solution

Software life cycle models describe phases of the software cycle and the order in which those phases are executed. Each phase produces deliverables required by the next phase in the life cycle. Requirements are translated into design. Code is produced according to the design which is called development phase. After coding and development the testing verifies the deliverable of the implementation phase against requirements.

1)Requirement gathering and analysis
2)Design
3)Implementation or coding
4)Testing
5)Deployment
6)Maintenance

Purchasing life cycle means complete purchasing cycle right from Request from Quotation to Invoice Verification (Billing).

It have fallowing steps

1) RFQ

2)Source Determenation

3) Purchase Request

4) Purchasing Doc like Purchasr Order, Scheduling Aggrements, Contracts

5) Goods Receipt

6) Invoice Verification

For Purchasing ,You reqired to configure

Material type, Vendor accounts,Documents types ( PR, PO),Pricing Procedure

Inventory Managments, Logistic Invoice Verification, Account Determenation