What is Product Property Management in SAP AP-RC-PPM - SRM-Property Management?

SAP Term: Product Property Management

• Component: AP-RC-PPM

• Component Name: SRM-Property Management

• Description: The management of product category hierarchies and product properties along with their valuations.

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• Key Concepts: 
  Product Property Management (PPM) is a component of SAP SRM (Supplier Relationship Management) that enables companies to manage product properties and characteristics. It allows companies to define, store, and manage product properties and characteristics in a central repository. This helps companies to ensure that all products have the same properties and characteristics, which can be used for comparison and analysis. 
  
  How to use it: 
  Product Property Management can be used to create, store, and manage product properties and characteristics. It allows companies to define the properties of a product, such as its size, weight, color, material, etc. It also allows companies to store these properties in a central repository for easy access and comparison. 
  
  Tips & Tricks: 
  When using Product Property Management, it is important to ensure that all product properties are accurately defined and stored in the central repository. This will help ensure that all products have the same properties and characteristics, which can be used for comparison and analysis. 
  
  Related Information: 
  Product Property Management is part of SAP SRM (Supplier Relationship Management). It is also related to other components of SAP SRM such as Supplier Evaluation & Qualification (SEQ), Supplier Contract Management (SCM), and Supplier Collaboration (SC).