What is performance record in SAP LOD-ESO - Sourcing OnDemand?

SAP Term: performance record

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A log of how often a supplier's performance metric criteria have been met, expressed as a percentage of total transactions.

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• Key Concepts: 
  Performance Record is a feature of the LOD-ESO Sourcing OnDemand component of SAP. It allows users to track and monitor the performance of their suppliers over time. This helps to ensure that suppliers are meeting their contractual obligations and that they are providing quality products and services. 
  
  How to use it: 
  To use the Performance Record feature, users must first create a Performance Record for each supplier. This can be done by entering the supplier’s name, contact information, and other relevant details. Once the Performance Record is created, users can then enter data such as delivery times, quality ratings, and other metrics to track the supplier’s performance over time. 
  
  Tips & Tricks: 
  When creating a Performance Record for a supplier, it is important to include as much detail as possible. This will help ensure that the data entered is accurate and up-to-date. Additionally, it is important to regularly review the Performance Records to ensure that suppliers are meeting their contractual obligations. 
  
  Related Information: 
  For more information on Performance Records in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks for using this feature effectively.