What is ISO rating in SAP LOD-ESO - Sourcing OnDemand?

SAP Term: ISO rating

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A rating that indicates a supplier's level of compliance with the standards of the International Organization for Standardization.

Smart SAP Assistant

• Key Concepts: 
  ISO rating is a feature of the LOD-ESO Sourcing OnDemand component of SAP. It is a rating system that allows buyers to rate suppliers based on their performance. The ratings are based on criteria such as quality, delivery, and cost. The ratings are used to help buyers make informed decisions when selecting suppliers. 
  
  How to use it: 
  The ISO rating system is used by buyers to rate suppliers based on their performance. Buyers can assign ratings to suppliers based on criteria such as quality, delivery, and cost. The ratings are then used to help buyers make informed decisions when selecting suppliers. 
  
  Tips & Tricks: 
  When assigning ratings to suppliers, it is important to be consistent and objective. Ratings should be based on objective criteria such as quality, delivery, and cost. It is also important to keep track of the ratings over time so that buyers can make informed decisions when selecting suppliers. 
  
  Related Information: 
  The ISO rating system is part of the LOD-ESO Sourcing OnDemand component of SAP. This component also includes features such as supplier management, contract management, and sourcing analytics. For more information about the LOD-ESO Sourcing OnDemand component of SAP, please visit the SAP website.