What is consensus determination in SAP SCM-ICH - Supply Network Collaboration?

SAP Term: consensus determination

• Component: SCM-ICH

• Component Name: Supply Network Collaboration

• Description: A service that compares different sets of dates/times, quantities, or prices, and calculates one set that is acceptable for all involved business partners within defined tolerance limits.

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• Key Concepts: 
  Consensus determination is a feature of the Supply Network Collaboration (SNC) component of SAP's Supply Chain Management (SCM) suite. It is used to ensure that all parties involved in a supply chain transaction agree on the terms and conditions of the transaction. This includes the price, delivery date, and other details. The consensus determination process is designed to ensure that all parties involved in the transaction are in agreement before the transaction is completed.
  
  How to use it: 
  The consensus determination process begins when a buyer sends an order request to a supplier. The supplier then reviews the request and either accepts or rejects it. If accepted, the supplier sends back an offer with their terms and conditions. The buyer then reviews the offer and either accepts or rejects it. If accepted, the buyer sends back a confirmation of the offer. Once both parties have agreed on the terms and conditions, the consensus determination process is complete and the transaction can be completed.
  
  Tips & Tricks: 
  When using consensus determination, it is important to ensure that all parties involved in the transaction are in agreement before proceeding with the transaction. This will help to avoid any misunderstandings or disputes that may arise during or after the transaction has been completed. Additionally, it is important to ensure that all parties involved in the transaction are aware of any changes or updates that may occur during the consensus determination process.
  
  Related Information: 
  Consensus determination is an important part of SAP's Supply Chain Management (SCM) suite and is used to ensure that all parties involved in a supply chain transaction agree on the terms and conditions of the transaction. For more information about SAP's SCM suite, please visit SAP's website at www.sap.com/scm.