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Component: FS-PM
Component Name: Policy Management
Description: A structured description of the static part of an insurance product that is stored temporarily in an inbound buffer, and then imported into In-Force Business Configurator. A product delivery also comprises the listing values, but not the rules and formulas.
Key Concepts: Product delivery is a feature of the FS-PM Policy Management component of SAP. It enables users to create and manage policies that define the delivery of products and services to customers. This includes the ability to define product delivery rules, such as when and how products should be delivered, as well as the ability to track and monitor product delivery. How to use it: To use product delivery in FS-PM Policy Management, users must first create a policy that defines the rules for product delivery. This includes specifying when and how products should be delivered, as well as any additional requirements or restrictions. Once the policy is created, users can then use the product delivery feature to track and monitor product delivery. Tips & Tricks: When creating a policy for product delivery, it is important to consider all potential scenarios that may arise. This includes considering different types of customers, different types of products, and different types of delivery methods. Additionally, it is important to ensure that all policies are up-to-date and in compliance with any applicable laws or regulations. Related Information: Product delivery is closely related to other features of FS-PM Policy Management, such as customer segmentation and pricing rules. Additionally, product delivery is often used in conjunction with other SAP components, such as SAP ERP or SAP CRM.