What is partner ascertainment strategy in SAP SCM-FC-PA - Partner Ascertainment?

SAP Term: partner ascertainment strategy

• Component: SCM-FC-PA

• Component Name: Partner Ascertainment

• Description: Determines, independently of the business process and the process step, which partner ascertainment rules are used for a partner ascertainment run.

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• Key Concepts: 
  Partner ascertainment strategy is a component of SAP Supply Chain Management (SCM) that helps companies identify and select the best partners for their business. It enables companies to assess potential partners based on criteria such as cost, quality, and delivery performance. The partner ascertainment strategy also helps companies to develop long-term relationships with their partners. 
  
  How to use it: 
  The partner ascertainment strategy can be used to identify potential partners and assess their capabilities. Companies can use the strategy to compare different partners and select the best one for their business. Companies can also use the strategy to develop long-term relationships with their partners by setting up performance metrics and monitoring them over time. 
  
  Tips & Tricks: 
  When using the partner ascertainment strategy, it is important to consider all aspects of a potential partner’s capabilities. This includes cost, quality, delivery performance, and other factors that may affect the success of the partnership. It is also important to consider the long-term implications of selecting a particular partner. 
  
  Related Information: 
  The partner ascertainment strategy is part of SAP’s SCM suite of products. Other components of SCM include demand planning, supply chain planning, inventory management, and order fulfillment. Companies can use these components together to optimize their supply chain operations.