What is 'target reference type' in SAP LOD-SBO - Supply Base Optimization?

target reference type - Overview

• Component: LOD-SBO

• Component Name: Supply Base Optimization

• Description: A reference type that you can choose to derive the target price of parts in a negotiation project

target reference type - Details

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  Key Concepts: 
  Target reference type is a feature of the SAP LOD-SBO Supply Base Optimization component. It is used to define the target reference for a given supply base optimization process. This target reference can be used to determine the optimal supply base for a given set of criteria. 
  
  How to use it: 
  To use target reference type, first define the criteria for the optimization process. This can include factors such as cost, quality, delivery time, and other relevant factors. Once the criteria have been defined, select a target reference type from the list of available options. This will determine how the optimization process will be conducted and what the optimal supply base will be. 
  
  Tips & Tricks: 
  When selecting a target reference type, it is important to consider all of the criteria that are relevant to the optimization process. This will ensure that the optimal supply base is determined in an efficient and effective manner. Additionally, it is important to consider any potential constraints that may affect the optimization process. 
  
  Related Information: 
  For more information on target reference type and other features of SAP LOD-SBO Supply Base Optimization, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use this component effectively.