What is Standard Products and Services Code in SAP LOD-ESO - Sourcing OnDemand?

SAP Term: Standard Products and Services Code

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A code for products and services according to a standardized classification to streamline commerce among companies.

Smart SAP Assistant

• Key Concepts: 
  Standard Products and Services Code (SPSC) is a unique identifier used by SAP LOD-ESO Sourcing OnDemand to identify products and services. It is a combination of alphanumeric characters that are used to classify and categorize products and services. The SPSC is used to ensure that the correct product or service is being purchased and that the correct pricing is applied. 
  
  How to use it: 
  The SPSC is used in SAP LOD-ESO Sourcing OnDemand to identify products and services. When creating a purchase order, the user must enter the SPSC for each item they are purchasing. This ensures that the correct product or service is being purchased and that the correct pricing is applied. 
  
  Tips & Tricks: 
  When entering an SPSC, make sure to double-check that it is correct. If an incorrect SPSC is entered, it could result in incorrect pricing or an incorrect product or service being purchased. 
  
  Related Information: 
  For more information on SAP LOD-ESO Sourcing OnDemand, please visit the SAP website at https://www.sap.com/products/sourcing-ondemand.html