What is competitor product in SAP SD - Sales and Distribution?

SAP Term: competitor product

• Component: SD

• Component Name: Sales and Distribution

• Description: A product from another company that competes with your company's products on the market.

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• Key Concepts: 
  Competitor product in SAP Sales and Distribution (SD) is a term used to refer to a product or service offered by a competitor of the company. It is used to compare the company's own products and services with those of its competitors. This helps the company to identify areas where it can improve its own offerings and gain a competitive edge. 
  
  How to use it: 
  In SAP SD, competitor products can be added to the system by entering the product details such as name, description, price, etc. This information can then be used to compare the company's own products and services with those of its competitors. This comparison can help the company identify areas where it can improve its own offerings and gain a competitive edge. 
  
  Tips & Tricks: 
  When adding competitor products to SAP SD, it is important to ensure that all relevant information is entered accurately. This will ensure that the comparison between the company's own products and services and those of its competitors is accurate and up-to-date. 
  
  Related Information: 
  For more information on competitor products in SAP SD, please refer to the official SAP documentation on the topic.