What is purchased part in SAP (PP - Production Planning and Control)?

SAP Term: purchased part

• Component: PP

• Component Name: Production Planning and Control

• Description: Product part that is not produced in-house but procured externally.

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• Key Concepts: 
  Purchased part is a term used in the Production Planning and Control (PP) component of SAP. It refers to a part or material that is purchased from an external vendor and used in the production process. This part is usually not produced in-house, but instead is bought from an outside supplier. 
  
  How to use it: 
  In SAP, purchased parts are managed through the Purchasing module. This module allows users to create purchase orders for the parts they need, track their delivery, and manage their inventory. The PP component also allows users to plan and control the production process, including the use of purchased parts. 
  
  Tips & Tricks: 
  When creating purchase orders for purchased parts, it is important to ensure that the correct part is ordered and that it meets all quality requirements. Additionally, it is important to keep track of delivery dates and inventory levels to ensure that production runs smoothly. 
  
  Related Information: 
  The Purchasing module in SAP is closely related to the Materials Management (MM) module, which is used for managing materials and inventory. Additionally, the PP component can be used in conjunction with other components such as Sales and Distribution (SD) and Quality Management (QM) to ensure that production runs smoothly.