What is classification characteristic in SAP FIN-SEM-SRM - Stakeholder Relationship Management?

SAP Term: classification characteristic

• Component: FIN-SEM-SRM

• Component Name: Stakeholder Relationship Management

• Description: A characteristic used for grouping and evaluating stakeholders. Classification characteristics are also used as filter criteria for queries of master and transaction data in . The values of these characteristics can be customized.

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• Key Concepts: 
  Classification characteristics are used in SAP Stakeholder Relationship Management (FIN-SEM-SRM) to categorize stakeholders according to their attributes. These characteristics can be used to group stakeholders into different categories, such as customers, suppliers, and partners. This allows for more efficient management of stakeholder relationships. 
  
  How to use it: 
  Classification characteristics can be used to create stakeholder groups in SAP SRM. To do this, go to the “Stakeholder Groups” tab in the SRM application and select “Create Group”. Then, select the desired classification characteristics from the list of available options. Once the group is created, stakeholders can be added to it by selecting them from the list of available stakeholders. 
  
  Tips & Tricks: 
  When creating stakeholder groups using classification characteristics, it is important to consider which characteristics are most relevant for the group. For example, if you are creating a group for customers, you may want to include characteristics such as customer type and customer size. 
  
  Related Information: 
  For more information on how to use classification characteristics in SAP SRM, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_SRM/7.0/en-US.