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

SAP Term: property library

• Component: AP-RC-PPM

• Component Name: SRM-Property Management

• Description: A library of properties that represent object qualities, which can be reused to further describe instances or groups of business objects in specific application areas.

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• Key Concepts: 
  Property Library is a component of SAP SRM-Property Management. It is a repository of all the properties that are used in the system. It stores information about the properties such as their name, type, and value. It also stores information about the relationships between different properties. 
  
  How to use it: 
  The Property Library can be used to store and manage all the properties used in the system. It allows users to easily search for and access the properties they need. It also allows users to create new properties and modify existing ones. 
  
  Tips & Tricks: 
  When creating new properties, it is important to ensure that they are properly named and categorized so that they can be easily found in the Property Library. It is also important to ensure that all the relationships between different properties are properly defined. 
  
  Related Information: 
  The Property Library is closely related to other components of SAP SRM-Property Management such as the Property Manager and the Property Editor. The Property Manager allows users to manage and maintain all the properties in the system, while the Property Editor allows users to create and modify existing properties.