1. SAP Glossary
  2. Supply Network Collaboration
  3. explanation of consensus finding


What is explanation of consensus finding in SAP SCM-ICH - Supply Network Collaboration?


SAP Term: explanation of consensus finding


Smart SAP Assistant

  • Key Concepts: 
    Consensus finding is a process used in Supply Network Collaboration (SCM-ICH) to reach an agreement between two or more parties. It involves the exchange of information and ideas, and the negotiation of terms and conditions. The goal is to reach a mutually beneficial outcome that all parties can agree on. 
    
    How to use it: 
    Consensus finding is used in SCM-ICH to facilitate collaboration between two or more parties. It involves the exchange of information and ideas, and the negotiation of terms and conditions. The process can be used to reach an agreement on a variety of topics, such as pricing, delivery schedules, product specifications, and more. 
    
    Tips & Tricks: 
    When using consensus finding, it is important to be open-minded and willing to compromise. It is also important to be patient and take the time to listen to all parties involved. Additionally, it is important to be clear about what you want and what you are willing to accept in order to reach an agreement. 
    
    Related Information: 
    Consensus finding is a key component of Supply Network Collaboration (SCM-ICH). It is also related to other processes such as negotiation, mediation, and arbitration. Additionally, it can be used in conjunction with other tools such as decision trees and game theory.
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
The AI Support Assistant is great. It provides comprehensive assistance even on the most difficult issues. I highly recommend this service.
Rate 1
John Jordan
SAP Consultant & Author