What is Spend per Product in SAP (SRD-TRL - GLO-Translation)?

SAP Term: Spend per Product

• Component: SRD-TRL

• Component Name: GLO-Translation

• Description: A report that shows, on supplier level, the purchasing volume and quantities of a certain product over a predefined time period. This report enables a buyer to determine who is supplying this product and to compare the different suppliers.

Smart SAP Assistant

• Key Concepts: 
  Spend per Product Component (SRD-TRL GLO-Translation) is a feature of SAP software that allows users to track and analyze their spending on specific products or components. It provides a detailed view of the cost associated with each product or component, allowing users to make informed decisions about their spending. 
  
  How to use it: 
  To use Spend per Product Component, users must first set up the feature in their SAP system. This includes setting up the product or component categories, as well as defining the cost elements associated with each product or component. Once this is done, users can then enter their spending data into the system and view the results in a graphical format. 
  
  Tips & Tricks: 
  When setting up Spend per Product Component, it is important to ensure that all cost elements are accurately defined and tracked. This will ensure that the data is accurate and can be used to make informed decisions about spending. Additionally, it is important to regularly review the data to ensure that it is up-to-date and accurate. 
  
  Related Information: 
  For more information on Spend per Product Component, please refer to the SAP Help documentation. Additionally, there are many online resources available that provide detailed tutorials and best practices for setting up and using this feature.