What is price unit in SAP MP-APP-DPE - Dynamic Pricing Engine?

SAP Term: price unit

• Component: MP-APP-DPE

• Component Name: Dynamic Pricing Engine

• Description: The price unit is a subdivision of the quantity upon which bid prices are based. As an example, you are a purchaser looking to procure 1200 bottles of water. You want sellers to provide a price based on 6 bottles so you define a price unit of 6. When bids are submitted, sellers quote a price per 6 bottles, known as the price per price unit.

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• Key Concepts: 
  Price unit is a term used in the SAP Dynamic Pricing Engine (MP-APP-DPE) to refer to the unit of measure used to calculate the price of a product or service. It is typically based on the unit of measure used in the product or service's pricing structure. For example, if a product is priced per pound, then the price unit would be "pound". 
  
  How to use it: 
  The price unit is used to determine the price of a product or service. When creating a pricing rule in the Dynamic Pricing Engine, you will need to specify the price unit for each item. This will ensure that the correct pricing is applied when calculating the total cost of an order. 
  
  Tips & Tricks: 
  When setting up pricing rules in the Dynamic Pricing Engine, it is important to make sure that all items have the same price unit. This will ensure that all items are priced correctly and that there are no discrepancies in the total cost of an order. 
  
  Related Information: 
  For more information on how to use the Dynamic Pricing Engine, please refer to SAP's official documentation. Additionally, there are many online tutorials and resources available that can help you understand how to use this tool effectively.