Unlock AI-Powered SAP Support – Free for 7 Days! Try It Now

Close
  1. SAP Glossary
  2. Procurement Planning
  3. sourcing relevant


What is sourcing relevant in SAP (PUR-PRP - Procurement Planning)?


SAP Term: sourcing relevant


Smart SAP Assistant

  • Key Concepts: 
    Sourcing relevant is a term used in the SAP PUR-PRP Procurement Planning component. It refers to the process of identifying and selecting suppliers who can provide the goods or services needed for a particular project. This process involves researching potential suppliers, evaluating their capabilities, and negotiating terms and conditions. 
    
    How to use it: 
    The sourcing relevant process begins with identifying the goods or services needed for a project. Once the requirements are established, potential suppliers can be identified through research and networking. The next step is to evaluate each supplier’s capabilities and negotiate terms and conditions. Once a supplier is selected, they can be added to the SAP PUR-PRP Procurement Planning component. 
    
    Tips & Tricks: 
    When sourcing relevant suppliers, it is important to consider factors such as cost, quality, delivery times, and customer service. It is also important to ensure that the supplier meets all legal and regulatory requirements. Additionally, it is important to establish clear communication with the supplier to ensure that all expectations are met. 
    
    Related Information: 
    The SAP PUR-PRP Procurement Planning component also includes features such as supplier evaluation, contract management, and purchase order management. Additionally, it can be integrated with other SAP components such as Materials Management (MM) and Financial Accounting (FI).
    Artificial intelligence solution provided by tomco.ai.
    Disclaimer
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Instant HelpGet instant SAP help. Start your 7-day free trial now.


Feature Free Access Free Trial
Basic SAP Glossary term explanation SAP Glossary Explanation SAP Glossary Explanation 2
Step-by-Step Usage Guide Step-by-Step Step-by-Step 2
Interactive SAP Coach Assistance Interactive SAP Interactive SAP 2
AI Troubleshooting for T-Code Errors AI Troubleshooting AI Troubleshooting 2

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
The AI Support Assistant is great. It provides comprehensive assistance even on the most difficult issues. I highly recommend this service.
Rate 1
John Jordan
SAP Consultant & Author