What is United Nations/Standard Products and Services Code in SAP MP-APP-DPE - Dynamic Pricing Engine?

SAP Term: United Nations/Standard Products and Services Code

• Component: MP-APP-DPE

• Component Name: Dynamic Pricing Engine

• Description: Generic UN approved classification tree.

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• Key Concepts: 
  The United Nations/Standard Products and Services Code (UNSPSC) is a hierarchical coding system used to classify products and services. It is used by organizations to identify and categorize products and services for procurement, inventory, and other business processes. The MP-APP-DPE Dynamic Pricing Engine (DPE) is a component of the SAP ERP system that enables customers to set up dynamic pricing rules for their products and services. 
  
  How to use it: 
  The UNSPSC code can be used to classify products and services in the SAP ERP system. The DPE component of the SAP ERP system can be used to set up dynamic pricing rules for products and services based on the UNSPSC code. The DPE allows customers to set up rules that will automatically adjust prices based on customer segment, product category, or other criteria. 
  
  Tips & Tricks: 
  When setting up dynamic pricing rules in the DPE, it is important to consider the customer segment, product category, and other criteria that will be used to determine the price. It is also important to consider how often the prices should be adjusted and how much of a discount should be applied. 
  
  Related Information: 
  For more information about the UNSPSC code, please visit https://www.unspsc.org/. For more information about the DPE component of SAP ERP, please visit https://help.sap.com/viewer/product/SAP_ERP_6.0_EHP7/7.31/en-US/f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f9f8d3a2b3e14c8a9f/.