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Which factor does the industry sector control in the GFEBS material master record?

Material pricing policies

Screen sequence and field selection

The industry sector in the General Fund Enterprise Business System (GFEBS) material master record is responsible for determining the screen sequence and field selection. This aspect of the material master record dictates how data is organized, displayed, and input into the system for specific materials based on industry standards and practices. Each industry sector has varied requirements and characteristics, thus influencing the design and arrangement of the data entry screens and which fields are available or mandatory for input.

The relevance of this control is critical for ensuring that all necessary data is captured efficiently and accurately, allowing for streamlined processes and reduced errors in data retrieval. It facilitates the management of materials by tailoring the system to meet the specific needs of different sectors, enhancing usability and operational efficiency.

Other factors, such as material pricing policies, inventory management procedures, and supplier negotiation terms, while important aspects of material management, do not fall under the control of the industry sector within the GFEBS framework. Instead, these aspects are usually governed by other criteria and configurations within the overall material management system.

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Inventory management procedures

Supplier negotiation terms

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