What is supplier collaboration ratio in SAP SRD-SRM-PRO - SRM-Purchase Requests and Orders?

SAP Term: supplier collaboration ratio

• Component: SRD-SRM-PRO

• Component Name: SRM-Purchase Requests and Orders

• Description: The number of purchase orders that are exchanged electronically using XML or EDI, as a percentage of the total number of purchase orders by purchasing organization in the current year.

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• Key Concepts: 
  Supplier collaboration ratio is a metric used to measure the effectiveness of supplier collaboration in SAP SRM. It is calculated by dividing the total number of purchase orders created in a given period by the total number of purchase requests created in the same period. This ratio helps to identify how well suppliers are responding to purchase requests and how quickly they are able to fulfill orders.
  
  How to use it: 
  The supplier collaboration ratio can be used to measure the performance of suppliers and identify areas for improvement. It can also be used to compare different suppliers and determine which ones are more efficient in responding to purchase requests and fulfilling orders. The ratio can be tracked over time to monitor progress and ensure that suppliers are meeting expectations.
  
  Tips & Tricks: 
  It is important to ensure that all purchase requests are accurately recorded in order to get an accurate supplier collaboration ratio. Additionally, it is important to track the ratio over time in order to identify any changes or trends in supplier performance.
  
  Related Information: 
  The supplier collaboration ratio is closely related to other metrics such as on-time delivery rate, order accuracy rate, and customer satisfaction rate. These metrics can be used together to get a better understanding of supplier performance and identify areas for improvement.