What is commitment date in SAP CRM - Customer Relationship Management?

SAP Term: commitment date

• Component: CRM

• Component Name: Customer Relationship Management

• Description: Date by which the supplier promises to have the goods delivered to the customer.

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• Key Concepts: 
  Commitment date is a term used in SAP Customer Relationship Management (CRM) to refer to the date when a customer agrees to purchase a product or service. It is also known as the “promised date” or “agreed date”. The commitment date is used to track the progress of a customer’s order and ensure that it is delivered on time.
  
  How to use it: 
  In SAP CRM, the commitment date is entered into the system when a customer places an order. This date is then used to track the progress of the order and ensure that it is delivered on time. The commitment date can also be used to generate reports and analyze customer trends.
  
  Tips & Tricks: 
  It is important to enter the commitment date accurately in order to ensure that orders are delivered on time. It is also important to keep track of any changes in the commitment date, as this can affect the delivery of an order.
  
  Related Information: 
  The commitment date is closely related to other terms such as delivery date, expected delivery date, and actual delivery date. These terms are all used to track the progress of an order and ensure that it is delivered on time.