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

SAP Term: performance target

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: The stated goal for a supplier's adherence to the performance metric criteria, expressed as a percentage of total transactions.

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• Key Concepts: 
  Performance target is a feature of SAP LOD-ESO Sourcing OnDemand that allows users to set goals for their sourcing activities. It helps users to measure and track their progress towards achieving their desired outcomes. The performance target feature allows users to set targets for cost savings, time savings, and other metrics. 
  
  How to use it: 
  To use the performance target feature, users must first define the goals they want to achieve. This can be done by setting a target cost savings percentage, a target time savings percentage, or any other metric that is relevant to the user’s sourcing activities. Once the goals have been set, users can then track their progress towards achieving those goals by monitoring the performance of their sourcing activities. 
  
  Tips & Tricks: 
  When setting performance targets, it is important to set realistic goals that are achievable. Setting unrealistic goals can lead to frustration and can make it difficult to measure progress. Additionally, it is important to regularly review and adjust performance targets as needed in order to ensure that they remain relevant and achievable. 
  
  Related Information: 
  For more information on performance targets and how to use them in SAP LOD-ESO Sourcing OnDemand, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks for setting and managing performance targets in SAP LOD-ESO Sourcing OnDemand.