What is preferred vendor in SAP CA-ANW - SAP Anywhere?

SAP Term: preferred vendor

• Component: CA-ANW

• Component Name: SAP Anywhere

• Description: The preferred vendor is the default vendor for purchase orders and replenishments.

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• Key Concepts: 
  A preferred vendor is a vendor that has been identified as the primary source for a particular product or service. This designation is made by the purchasing department of an organization and is based on factors such as cost, quality, and delivery time. The preferred vendor is the first choice for any purchase related to the product or service. 
  
  How to use it: 
  In SAP Anywhere, a preferred vendor can be set up in the Vendor Master Data. This allows the user to select the preferred vendor when creating a purchase order. The user can also set up a default vendor for each item in the Item Master Data. This will automatically select the preferred vendor when creating a purchase order for that item. 
  
  Tips & Tricks: 
  It is important to review and update the list of preferred vendors regularly to ensure that they are still meeting the criteria for being a preferred vendor. This will help ensure that the organization is getting the best value for their purchases. 
  
  Related Information: 
  For more information on setting up and managing preferred vendors in SAP Anywhere, please refer to the SAP Anywhere Help Center.