What is supplier peer group in SAP SLC-EVL - Supplier Evaluation?

SAP Term: supplier peer group

• Component: SLC-EVL

• Component Name: Supplier Evaluation

• Description: A set of companies that category managers compare in the group-based supplier evaluation process.

Smart SAP Assistant

• Key Concepts: 
  Supplier peer group is a feature of the SLC-EVL Supplier Evaluation component of SAP. It allows users to compare the performance of suppliers against each other by grouping them into peer groups. This helps to identify which suppliers are performing better than others and which areas need improvement. 
  
  How to use it: 
  To use the supplier peer group feature, users must first create a peer group by selecting the suppliers they want to compare. Once the peer group is created, users can then view the performance of each supplier in the group and compare them against each other. This helps to identify areas of improvement and areas where suppliers are performing better than others. 
  
  Tips & Tricks: 
  When creating a supplier peer group, it is important to select suppliers that are similar in size, industry, and other factors. This will ensure that the comparison is more accurate and meaningful. Additionally, it is important to regularly review the performance of suppliers in the peer group to ensure that they are meeting expectations. 
  
  Related Information: 
  For more information on supplier peer groups and how to use them in SAP, please refer to the SAP Help Portal or contact your SAP support team.