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

SAP Term: consensus rule

• Component: SCM-ICH

• Component Name: Supply Network Collaboration

• Description: Function that processes a combination of schedules, quantities or prices. The following consensus rule types exist: Rules for deviation analysis Rules for consensus determination Rules for deviation analysis and consensus determination

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• Key Concepts: 
  Consensus rule is a feature of the Supply Network Collaboration (SNC) component of SAP SCM. It is used to define the rules and conditions that must be met in order for a supply chain partner to agree to a proposed transaction. This includes setting parameters such as delivery date, quantity, and price. The consensus rule also allows for the automatic approval of transactions that meet the criteria set by the rule.
  
  How to use it: 
  The consensus rule is set up in the SNC system by an administrator. The administrator can define the parameters of the rule, such as delivery date, quantity, and price. Once the rule is set up, it will automatically approve any transactions that meet the criteria set by the rule. This eliminates the need for manual approval of each transaction.
  
  Tips & Tricks: 
  When setting up a consensus rule, it is important to consider all possible scenarios that could arise in a supply chain transaction. This will ensure that all transactions are approved quickly and efficiently. It is also important to keep the parameters of the rule up-to-date in order to ensure that all transactions are approved according to current market conditions.
  
  Related Information: 
  The consensus rule is part of SAP SCM's Supply Network Collaboration (SNC) component. Other features of SNC include demand planning, supply planning, and inventory management. For more information on SNC, please refer to SAP's official documentation or contact your local SAP representative.