What is price evaluation panel in SAP PSM-GPR - Procurement for Public Sector?

SAP Term: price evaluation panel

• Component: PSM-GPR

• Component Name: Procurement for Public Sector

• Description: A panel of purchasing experts set up to evaluate the cost aspects of price RFx responses.

Smart SAP Assistant

• Key Concepts: 
  Price Evaluation Panel is a feature of the SAP PSM-GPR Procurement for Public Sector component. It allows users to compare and evaluate different prices for goods and services in order to make informed purchasing decisions. The panel displays the prices of different vendors side-by-side, allowing users to quickly compare and select the best option.
  
  How to use it: 
  To use the Price Evaluation Panel, users must first select the goods or services they wish to purchase. Once selected, the panel will display the prices of different vendors side-by-side. Users can then compare and evaluate the prices in order to make an informed decision. 
  
  Tips & Tricks: 
  When using the Price Evaluation Panel, it is important to consider more than just the price. Factors such as quality, delivery time, and customer service should also be taken into account when making a purchasing decision. 
  
  Related Information: 
  For more information on the Price Evaluation Panel, please refer to the SAP Help Portal or contact your local SAP representative.