What is supplier performance analysis in SAP SCM-ICH-REP - Reporting?

SAP Term: supplier performance analysis

• Component: SCM-ICH-REP

• Component Name: Reporting

• Description: The evaluation and tracking of the performance of a supplier relative todefined key performance indicators.

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• Key Concepts: 
  Supplier performance analysis is a component of SAP's Supply Chain Management (SCM) Inventory Collaboration Hub (ICH) Reporting module. It enables users to measure and analyze the performance of their suppliers in order to identify areas for improvement. This analysis can be used to assess supplier performance in terms of quality, delivery, cost, and other criteria.
  
  How to use it: 
  The supplier performance analysis component of SCM-ICH-REP Reporting can be used to generate reports that provide an overview of supplier performance. These reports can be used to identify areas for improvement and to track progress over time. Additionally, users can use the component to compare the performance of different suppliers and to identify the best performing suppliers.
  
  Tips & Tricks: 
  When using the supplier performance analysis component of SCM-ICH-REP Reporting, it is important to ensure that the data being used is accurate and up-to-date. Additionally, it is important to set clear goals and objectives for the analysis in order to ensure that the results are meaningful and actionable.
  
  Related Information: 
  For more information about supplier performance analysis, please refer to SAP's official documentation on SCM-ICH-REP Reporting. Additionally, there are many online resources available that provide tips and tricks for using this component effectively.