What is standard equipment in SAP PUR-PRP - Procurement Planning?

SAP Term: standard equipment

• Component: PUR-PRP

• Component Name: Procurement Planning

• Description: Indicator that shows whether an item is used in every product, so if it belongs to the standard configuration of a product, or if it is optional.

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• Key Concepts: 
  Standard equipment is a type of procurement planning component in SAP that allows users to plan and manage the procurement of standard items. This component helps users to identify and track the availability of standard items, as well as to plan and manage their procurement. 
  
  How to use it: 
  Standard equipment can be used to plan and manage the procurement of standard items. It allows users to identify and track the availability of standard items, as well as to plan and manage their procurement. The component also provides users with the ability to create purchase orders for standard items, as well as to monitor the status of those orders. 
  
  Tips & Tricks: 
  When using the standard equipment component, it is important to ensure that all relevant information is accurately entered into the system. This includes details such as item descriptions, quantities, delivery dates, and pricing. Additionally, it is important to regularly review and update the information in the system in order to ensure that it remains accurate and up-to-date. 
  
  Related Information: 
  The standard equipment component is part of the PUR-PRP Procurement Planning module in SAP. Other components within this module include material requirements planning (MRP), inventory management, and supplier evaluation. Additionally, there are several other modules within SAP that are related to procurement planning, such as materials management (MM) and plant maintenance (PM).