Ciao Avatar Kinect, Adieu Real Life Socializing

Avatar Kinect is a new social entertainment experience on Xbox LIVE bringing your avatar to life! Control your avatar’s movements and expressions with the power of Avatar Kinect. When you smile, frown, nod, and speak, your avatar will do the same.

You are the Controller

Kinect for Xbox 360 means your Xbox experience is no controller required. Now, with Avatar Kinect, you can control your avatar’s facial expression, head, and arm movements. As you talk, frown, smile, or scowl, your voice and facial expressions are enacted by your avatar, bringing your avatar to life!

Socialize in a New Way

Invite up to 7 friends to join you in over 15 virtual environments sure to inspire creative conversations and performances. Invite friends for a discussion, or have them join you at the performance stage where you can put on a show! With Avatar Kinect, you’ll be able to see your friends’ actual expressions in real time through their avatars! And with the built-in Family Settings on your Xbox 360, your chats are always safe and secure.

Be a Star! Perform in Virtual Environments

Be the center of attention and the star of the show! Avatar Kinect lets you create amazing videos quickly and easily. Avatar Kinect offers 15 unique virtual sets to reflect your mood and inspire your conversations or performances. Be a talk-show host, late-night comedian, or just hang out with friends at a tailgate party. Arrive or leave your session in style with animations such as flying in with a jet pack, or snapping your fingers to vanish. You can even add cool animated and visual effects to creatively express your thoughts on what’s going on with your friends.

I’m all for technology, but I think the Avatar Kinect is just another stepping stone in the eventual death of real life human interaction. Though wonderful idea! The technology behind it is obviously getting much better as time passes by.

Good part is that the socially challenged boy or girl who always spent his/her time locked away in their bedroom might actually feel more inclined to try out this new form of interaction, since they still can maintain privacy but are still able to pretend like they’re chatting with others. On the flip side, those who usually go out with there friends to the mall or club may use this instead… maybe out of laziness or convenience. Facebook has pretty much proven how our social skills have gone down the drain.

Rather than going out and actually interacting with others, users will just sit in the comfort of their homes and chat via the Internet. It’s a well known fact that the Internet’s privacy allows almost anyone to feel confident, because they can be who they want to be without exposing who they really are.

With all these new social networking options, there are more and more compelling reasons for people to stay home instead of getting out there and actually hanging out with one another. I am quite sure many of you may disagree that this is a social killer though.

Split Valuation for Materials

‘Split Valuation’ allows sub stocks of the same material to be managed in different stock accounts. This allows sub stocks to be valuated separately, and every transaction is carried out at the substock level. So, when processing a transaction, it is necessary to mention the substock.

The ‘split valuation’ is necessary if the material has:

• Different Origins
• Various Levels of Quality
• Various Statuses
• Difference between delivery times

It is also required in situations where you need to make a distinction between ‘in- house produced materials’ and ‘materials procured externally,’ or if there is a distinction between ‘different deliveries.’

Organizational Levels in the Procurement Process

Organizational Levels in the Procurement Process

Creation of Purchasing Organisation

Creation of storage location

Creation of Plant

Creation of company code

Creation of company

Procurement Process

Procurement Cycle

Procurement Cycle has the following steps.

1. Determinations of Requirements: (ME51N) In this step Material Requirements are identified which must be procured externally from the user. Purchase Requisition (PR) is created using ME51N t-code.
2. Determination of the source of supply: As a purchaser, we can use determination of the source of supply to create requests for quotation (RFQs) and then enter the quotations. In addition, we can refer to contracts and conditions that already exist in the system.
3. Vendor selection: System selects vendors by making price comparisons between the various quotations.
4. Purchase order handling: (ME21N): In this phase information is acquired from the Requisition and the Quotation. Purchase Orders can be generated by the system or they can be created manually (ME21N). 
5. Purchase order monitoring: We can monitor the processing status of the purchase orders. We can remind the vendors of outstanding deliveries.
6. Goods receipt: (MGIO): We can check whether the delivered goods and quantities match the purchase order. The system also updates the purchase order history of the purchase order. The goods receipts number can be obtained by entering the Purchase Order number. 
7. Invoice verification (MIRO): The availability of the purchase order and goods receipt data enables you to refer to the quantity and price variances. The vendor invoices are checked for accuracy of the arithmetic and the contents.
8. Payment processing: The vendor payment is usually made in Financial Accounting. 

Basics of Procurement: Purchase Order