What is target setting group in SAP EPM-SCP - Supply Chain Performance Management?

SAP Term: target setting group

• Component: EPM-SCP

• Component Name: Supply Chain Performance Management

• Description: A grouping of certain KPIs for which the user wants to set the target. For setting targets, a KPI should be part of at least one target setting group.

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• Key Concepts: 
  Target setting group is a feature of SAP EPM-SCP Supply Chain Performance Management that allows users to set and manage performance targets for their supply chain. It enables users to define target values for key performance indicators (KPIs) and track their progress towards achieving those targets. The target setting group also provides a platform for collaboration between different stakeholders in the supply chain, allowing them to share information and insights on performance.
  
  How to use it: 
  To use the target setting group, users must first define the KPIs they want to track. This can be done by selecting from a list of pre-defined KPIs or by creating custom KPIs. Once the KPIs have been defined, users can set target values for each KPI and track their progress towards achieving those targets. The target setting group also provides a platform for collaboration between different stakeholders in the supply chain, allowing them to share information and insights on performance.
  
  Tips & Tricks: 
  When setting targets, it is important to ensure that they are realistic and achievable. Setting overly ambitious targets can lead to frustration and demotivation, while setting too low of targets can lead to complacency. It is also important to ensure that the KPIs chosen are relevant to the business objectives and that they are being tracked in a meaningful way.
  
  Related Information: 
  For more information on using the target setting group in SAP EPM-SCP Supply Chain Performance Management, please refer to the official documentation available on the SAP website. Additionally, there are many online resources available that provide tips and tricks for using this feature effectively.