What is supplier share below in SAP PSM-GPR - Procurement for Public Sector?

SAP Term: supplier share below

• Component: PSM-GPR

• Component Name: Procurement for Public Sector

• Description: The percentage of cost savings paid to a supplier if the final costs for a project are less than the contractual estimate. For example, if supplier share below is 40%, the organization offering the contract agrees to pay the supplier 40% of any cost savings achieved.

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• Key Concepts: 
  Supplier share below is a feature of the PSM-GPR Procurement for Public Sector component of SAP. It allows public sector organizations to track the percentage of their total procurement spend that is allocated to each supplier. This helps organizations to ensure that they are meeting their supplier diversity goals and that they are not over-relying on any one supplier. 
  
  How to Use It: 
  To use the supplier share below feature, an organization must first set up a list of suppliers and their associated percentages. This list can be updated as needed, and the organization can track the total percentage of procurement spend allocated to each supplier. The organization can then use this data to analyze their supplier diversity goals and make adjustments as needed. 
  
  Tips & Tricks: 
  When setting up the list of suppliers, it is important to ensure that all suppliers are accurately represented. This will help ensure that the data is accurate and that the organization is meeting its supplier diversity goals. Additionally, it is important to regularly review and update the list of suppliers to ensure that it remains up-to-date. 
  
  Related Information: 
  The supplier share below feature is part of the PSM-GPR Procurement for Public Sector component of SAP. For more information about this component, please visit SAP's website or contact your local SAP representative.