The profile option 'Purchase_Order_Numbering_Method' is used to default the numbering method for procurement documents. This option allows you to define the numbering method for purchase orders. By setting this option, you can control whether the system generates purchase order numbers manually or automatically.

Defining Supplier Business Classification in Oracle Fusion Cloud Procurement helps streamline the supplier onboarding process. By classifying suppliers based on their business type or industry, it becomes easier to identify and select the right suppliers for the organization's procurement needs, thus improving the onboarding efficiency.

The "In Progress" status is not a valid status for an SQM Evaluation. The possible statuses for an evaluation are typically "Pending," "Completed," and "Pending Approval." The "In Progress" status is not commonly used in the context of SQM evaluations.

A carrier is a supplier or vendor who provides transportation services for the delivery of goods. They are responsible for shipping and delivering the procured goods from the supplier's location to the buyer's location. The carrier ensures that the goods are transported safely and on time.

When procuring goods or services that are readily available in the market and do not require extensive negotiations or evaluation, a Request for Quotation (RFQ) is commonly used. RFQs are used to collect quotes from potential suppliers based on specified requirements and enable comparison of prices and terms to make an informed purchasing decision.