What is structured pricing arrangement in SAP PSM-GPR - Procurement for Public Sector?

SAP Term: structured pricing arrangement

• Component: PSM-GPR

• Component Name: Procurement for Public Sector

• Description: A pricing arrangement that consists of one or several structure components.

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• Key Concepts: 
  Structured pricing arrangement is a feature of the PSM-GPR Procurement for Public Sector component of SAP. It allows public sector organizations to create and manage pricing structures for their procurement processes. This includes setting up different pricing levels for different types of goods and services, as well as setting up discounts and other incentives. 
  
  How to use it: 
  Structured pricing arrangement can be used to create and manage pricing structures for procurement processes. This includes setting up different pricing levels for different types of goods and services, as well as setting up discounts and other incentives. The feature also allows users to set up rules for how the pricing structure should be applied, such as when discounts should be applied or when certain items should be excluded from the pricing structure. 
  
  Tips & Tricks: 
  When setting up a structured pricing arrangement, it is important to consider the needs of the organization and the types of goods and services that will be procured. It is also important to consider the budget constraints of the organization, as well as any legal or regulatory requirements that may apply. Additionally, it is important to ensure that the pricing structure is easy to understand and use by all stakeholders involved in the procurement process. 
  
  Related Information: 
  For more information on structured pricing arrangements in SAP PSM-GPR Procurement for Public Sector, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks on how to best use this feature.