What is reference date in SAP SLC-EVL - Supplier Evaluation?

SAP Term: reference date

• Component: SLC-EVL

• Component Name: Supplier Evaluation

• Description: A date related to the event that triggers the evaluation process. It is used to determine the scorecard interval for the evaluation response. &EXAMPLE& An SAP customer has defined the saving of a goods receipt as an event that triggers an evaluation process. The customer has set up the event-driven evaluation as follows: The operational procurement system transfers the posting dates of goods receipts to the SAP Supplier Lifecycle Management system. These posting dates are displayed as reference dates in the evaluation responses.

Smart SAP Assistant

• Key Concepts: 
  Reference date is a term used in the SLC-EVL Supplier Evaluation component of SAP. It is the date used to determine the validity of a supplier evaluation. The reference date is used to compare the supplier's performance against the criteria set by the company. 
  
  How to use it: 
  The reference date is set by the company and can be changed at any time. The reference date should be set to a date that is relevant to the evaluation criteria. For example, if the criteria are based on a supplier's performance over the past year, then the reference date should be set to one year prior to the current date. 
  
  Tips & Tricks: 
  When setting the reference date, it is important to consider how long it will take for the evaluation results to become available. If the evaluation results are needed quickly, then it is best to set a shorter reference date. 
  
  Related Information: 
  The reference date is an important part of supplier evaluation in SAP. It is also important to consider other factors such as supplier performance history and customer feedback when evaluating suppliers. Additionally, it is important to ensure that all criteria are met before making a decision about a supplier's performance.