What is efficiency terms in SAP CRM-MKT-MPL-CBP - Customer Business Planning?

SAP Term: efficiency terms

• Component: CRM-MKT-MPL-CBP

• Component Name: Customer Business Planning

• Description: A payment or discount given to the customer as a reward for behavior that makes business more efficient for the manufacturer. Examples include: • Customer always orders a complete truck • Customer always pays within a short period of time • Customer submits orders via electronic systems

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• Key Concepts: 
  Efficiency terms are a set of metrics used to measure the performance of a business process. They are used to identify areas of improvement and to track progress over time. In the context of Customer Business Planning (CBP) in SAP, efficiency terms are used to measure the effectiveness of customer-facing activities such as marketing campaigns, sales processes, and customer service. 
  
  How to use it: 
  Efficiency terms can be used to measure the performance of a business process in SAP CBP. To do this, you will need to define the metrics that you want to measure and then track them over time. You can also use efficiency terms to compare different processes or activities and identify areas for improvement. 
  
  Tips & Tricks: 
  When setting up efficiency terms in SAP CBP, it is important to ensure that the metrics you are measuring are relevant and meaningful. It is also important to ensure that the data you are collecting is accurate and up-to-date. Finally, it is important to review your efficiency terms regularly in order to identify areas for improvement and track progress over time. 
  
  Related Information: 
  For more information on efficiency terms in SAP CBP, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/CRM_MKT_MPL_CBP/7.0/en-US/f3d8f9a2b6c14e8a9f3d7c2b5f9e4d1a.html