What is investment at awarding in SAP PUR-PRP - Procurement Planning?

SAP Term: investment at awarding

• Component: PUR-PRP

• Component Name: Procurement Planning

• Description: The investment amount resulting from an external sourcing process. The costs that are calculated in SAP S/4HANA for procurement planning are only tooling costs.

Smart SAP Assistant

• Key Concepts: 
  Investment at awarding is a feature of the SAP PUR-PRP Procurement Planning component. It allows users to plan and manage investments in procurement projects. This includes budgeting, forecasting, and tracking of investments. The feature also provides visibility into the financial impact of procurement decisions. 
  
  How to use it: 
  To use the investment at awarding feature, users must first create a procurement project in the SAP system. This project will include all relevant information such as budget, timeline, and expected outcomes. Once the project is created, users can then use the investment at awarding feature to plan and manage investments in the project. This includes budgeting, forecasting, and tracking of investments. 
  
  Tips & Tricks: 
  When using the investment at awarding feature, it is important to keep track of all investments made in the project. This will help ensure that all investments are accounted for and that no money is wasted. Additionally, it is important to regularly review the financial impact of procurement decisions to ensure that they are in line with the project’s goals and objectives. 
  
  Related Information: 
  For more information on the investment at awarding feature of SAP PUR-PRP Procurement Planning, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.