What is procurement indicator in SAP IS-BEV - SAP Beverage?

SAP Term: procurement indicator

• Component: IS-BEV

• Component Name: SAP Beverage

• Description: Indicator that determines the origin of a material from a tax perspective.

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• Key Concepts: 
  Procurement indicator is a feature of the IS-BEV SAP Beverage Industry Solution that allows users to indicate the type of procurement they are using for a particular item. This indicator can be used to differentiate between items that are purchased from external vendors, produced in-house, or sourced from other locations. It also helps to identify the source of the item and its associated costs. 
  
  How to use it: 
  The procurement indicator is set up in the system by assigning a specific code to each type of procurement. This code is then used when creating purchase orders or other documents related to the procurement process. The indicator can also be used to track the cost of each item and its associated costs. 
  
  Tips & Tricks: 
  When setting up the procurement indicator, it is important to ensure that all codes are properly assigned and that they are consistent across all documents. This will help to ensure that all costs associated with an item are accurately tracked and reported. Additionally, it is important to keep track of any changes made to the indicator as this could affect the accuracy of cost reporting. 
  
  Related Information: 
  The procurement indicator is just one of many features available in the IS-BEV SAP Beverage Industry Solution. Other features include inventory management, production planning, and quality control. Additionally, there are several reports available that can help users track and analyze their procurement activities.