WTpart Purchased Vs InHouse manufacting, How to identify in existing WT part and What needs to be set for Purchased Part

Shanmugasundaram Ganesan wrote: Hi, In Windchill, How to identify a part is Purchased or In house manufactured?. What are parameters need to set to make a part as purchased part?.

What about the Source parameter? OOTB it has "Make", Buy", or "Buy - Single Source":

What does your business do differently if you indicate Purchased vs. Make?  All the time we run into starting one way, then having some of the other (e.g. make a certain assembly in-house, then start buying it assembled but not all, then eventually purchase all assembled).  Hopefully can set up Part attributes / other info in such a way that it's flexible.  Have to focus on what the business needs from the Windchill info.

I learned later that my organisation put a rule that if the Part Type is Commercial Part then it is a purchased part. Thanks Randy & Mike for your valuable insights. Thanks, Shanmugam