What is procurement variant in SAP IS-R - SAP for Retail?

SAP Term: procurement variant

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Logistical variant of a generic material for a unit of measure in which the material is procured from an internal or external vendor. A generic material can have several procurement variants.

Smart SAP Assistant

• Key Concepts: 
  Procurement variant is a feature in IS-R SAP for Retail that allows users to define the parameters for the procurement process. It includes settings such as the type of procurement, the source of goods, and the delivery terms. The procurement variant also defines the rules for how the system should handle different types of orders and how it should calculate costs. 
  
  How to use it: 
  To use the procurement variant, users must first define the parameters for their procurement process. This includes setting up the type of procurement, the source of goods, and the delivery terms. Once these parameters are set, users can then create a procurement variant that will be used to control how orders are processed and how costs are calculated. 
  
  Tips & Tricks: 
  When creating a procurement variant, it is important to consider all of the different types of orders that may be placed and how they should be handled. This will ensure that all orders are processed correctly and that costs are calculated accurately. Additionally, it is important to review the settings regularly to ensure that they are still up-to-date and relevant. 
  
  Related Information: 
   IS-R SAP for Retail provides detailed documentation on how to create and manage procurement variants. Additionally, there are several online resources available that provide tips and tricks on how to best use this feature.