What is Federal Supply/Service Code in SAP PSM-GPR - Procurement for Public Sector?

SAP Term: Federal Supply/Service Code

• Component: PSM-GPR

• Component Name: Procurement for Public Sector

• Description: A standardized set of 4-digit codes used by US government purchasing organizations to classify and identify supplies and services that they buy for government use.

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• Key Concepts: 
  Federal Supply/Service Code is a system used by the United States government to classify and identify products and services that are purchased by the federal government. It is used to identify the type of product or service being procured, as well as the agency responsible for the procurement. The Federal Supply/Service Code Component PSM-GPR Procurement for Public Sector is a specific component of the Federal Supply/Service Code system that is used to identify and classify products and services that are purchased by public sector entities. 
  
  How to use it: 
  The Federal Supply/Service Code Component PSM-GPR Procurement for Public Sector is used by public sector entities to identify and classify products and services that they are purchasing. This code can be used to search for specific products or services, as well as to track the progress of a procurement process. 
  
  Tips & Tricks: 
  When using the Federal Supply/Service Code Component PSM-GPR Procurement for Public Sector, it is important to ensure that all relevant information is included in the search query. This includes the type of product or service being procured, as well as any other relevant information such as the agency responsible for the procurement. 
  
  Related Information: 
  The Federal Supply/Service Code Component PSM-GPR Procurement for Public Sector is part of a larger system known as the Federal Supply/Service Code System. This system is used by all federal agencies to classify and identify products and services that are purchased by the federal government. For more information on this system, please visit https://www.acquisition.gov/fsc/.