What is 'target quantity' in SAP AP-PCP - SRM Purchasing Contract Processing?

target quantity - Overview

• Component: AP-PCP

• Component Name: SRM Purchasing Contract Processing

• Description: The total quantity of an item that a buyer agrees to buy from a supplier within the time period specified in a contract.

target quantity - Details

• 
  Key Concepts: 
  Target quantity is a feature of SAP's Purchasing Contract Processing (AP-PCP SRM) component. It is used to define the amount of goods or services that a buyer wishes to purchase from a supplier. The target quantity is set by the buyer and can be adjusted at any time during the contract period. 
  
  How to use it: 
  The target quantity is set by the buyer when creating a purchasing contract. The target quantity can be adjusted at any time during the contract period, either by increasing or decreasing the amount. The target quantity is used to determine the total cost of the contract and can be used to monitor the progress of the contract. 
  
  Tips & Tricks: 
  It is important to set an accurate target quantity when creating a purchasing contract. This will ensure that the total cost of the contract is accurate and that there are no unexpected costs incurred during the contract period. It is also important to regularly review and adjust the target quantity as needed, in order to ensure that it remains accurate and up-to-date. 
  
  Related Information: 
  For more information on SAP's Purchasing Contract Processing (AP-PCP SRM) component, please refer to SAP's official documentation. Additionally, there are many online resources available that provide detailed information on how to use this component effectively.