What is procurement proposal in SAP SCM-APO - Advanced Planning and Optimization?

SAP Term: procurement proposal

• Component: SCM-APO

• Component Name: Advanced Planning and Optimization

• Description: Superordinate term for the following orders that map the planned procurement of a product: Planned order Purchase requisition Stock transfer stock transfer reservation and stock transport requisition Scheduling agreement schedule line

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• Key Concepts: 
  Procurement Proposal is a feature of SAP Advanced Planning and Optimization (SCM-APO) that helps to identify the best suppliers for a given product or service. It uses a combination of data from the supply chain, such as supplier ratings, delivery times, and cost, to determine the most suitable supplier for a given product or service. 
  
  How to use it: 
  To use the Procurement Proposal feature, first enter the product or service you are looking for into the system. The system will then generate a list of potential suppliers based on the criteria you have entered. You can then review each supplier's ratings, delivery times, and cost to determine which one is the best fit for your needs. 
  
  Tips & Tricks: 
  When using the Procurement Proposal feature, it is important to consider all factors when making your decision. Make sure to look at both short-term and long-term costs, as well as delivery times and supplier ratings. Additionally, it is important to consider any additional services that may be offered by a particular supplier. 
  
  Related Information: 
  For more information on SAP Advanced Planning and Optimization (SCM-APO), please visit the SAP website at https://www.sap.com/products/scm-apo.html. Additionally, there are many online resources available that provide detailed information on how to use this feature.