What is Raw Material Procurement Cockpit in SAP PP-PI - Production Planning for Process Industries?

SAP Term: Raw Material Procurement Cockpit

• Component: PP-PI

• Component Name: Production Planning for Process Industries

• Description: Initial screen that enables simplified procurement of raw materials. In the Raw Material Procurement Cockpit you can distribute requirements quantities from purchase requisitions among selected vendors. After the vendors' prices have been determined, the purchase orders are generated for the vendors. The Raw Material Procurement Cockpit supports the following functions: - Quantity distribution - Price determination - Purchase order generation

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• Key Concepts: 
  Raw Material Procurement Cockpit is a component of SAP PP-PI Production Planning for Process Industries. It is a tool that helps to manage the procurement of raw materials for production processes. It provides an overview of the current status of raw material procurement and helps to identify potential problems and opportunities. It also helps to optimize the procurement process by providing insights into the current market situation and helping to identify potential suppliers. 
  
  How to use it: 
  The Raw Material Procurement Cockpit can be used to monitor the current status of raw material procurement. It provides an overview of the current market situation, including prices, availability, and delivery times. It also provides insights into potential suppliers and their capabilities. The cockpit can be used to identify potential problems and opportunities in the procurement process, as well as to optimize the process by providing insights into the current market situation. 
  
  Tips & Tricks: 
  When using the Raw Material Procurement Cockpit, it is important to keep in mind that it is only a tool and should not be used as a substitute for manual analysis. It is important to use the cockpit in conjunction with other tools, such as market research and supplier analysis, in order to get a comprehensive view of the current market situation. Additionally, it is important to keep in mind that the cockpit is only as good as the data that is entered into it, so it is important to ensure that all data is accurate and up-to-date. 
  
  Related Information: 
  The Raw Material Procurement Cockpit is part of SAP PP-PI Production Planning for Process Industries. Other components of this suite include Production Planning & Scheduling, Capacity Planning & Optimization, and Quality Management. Additionally, there are several other tools available from SAP that can be used in conjunction with the Raw Material Procurement Cockpit, such as SAP Ariba and SAP Business ByDesign.