What is standard item in SAP MM-PUR-SRC - Product Sourcing?

SAP Term: standard item

• Component: MM-PUR-SRC

• Component Name: Product Sourcing

• Description: An item type in a sourcing project that can have the product type "material" or "service". The follow-on document for items of this type can either be a central purchase contract or a purchase order.

Smart SAP Assistant

• Key Concepts: 
  Standard items are materials that are regularly used in a company’s operations and are stored in the company’s inventory. In SAP MM-PUR-SRC Product Sourcing, standard items are materials that have been pre-defined and stored in the system for easy access and ordering. 
  
  How to use it: 
  Standard items can be accessed and ordered through the SAP MM-PUR-SRC Product Sourcing module. To do this, users must first log into the system and navigate to the MM-PUR-SRC Product Sourcing module. Once there, they can search for the standard item they need and add it to their order. 
  
  Tips & Tricks: 
  When ordering standard items, it is important to double check that the item is in stock before placing the order. This can be done by checking the inventory levels in the system before placing the order. Additionally, it is important to ensure that all of the necessary information about the item is included in the order, such as its description, quantity, and price. 
  
  Related Information: 
  For more information on standard items and how to use them in SAP MM-PUR-SRC Product Sourcing, please refer to SAP’s official documentation on the topic. Additionally, there are many online resources available that provide helpful tips and tricks for using standard items in SAP MM-PUR-SRC Product Sourcing.