What is 'Fixed Sources of Supply' in SAP SRD-SRM-SC - SRM-Sourcing and Contracting?

Fixed Sources of Supply - Overview

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: A work center view that enables you to prioritize the most favorable supplier for a specific product, to ensure that your company procures the selected product from the assigned supplier.

Fixed Sources of Supply - Details

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  Key Concepts: 
  Fixed Sources of Supply is a feature in SAP SRM-Sourcing and Contracting that allows users to assign a specific supplier to a particular material or service. This ensures that the same supplier is used for all future orders of the material or service, eliminating the need for additional sourcing activities. 
  
  How to use it: 
  To use Fixed Sources of Supply, users must first create a source list in SAP SRM-Sourcing and Contracting. This source list should include all potential suppliers for the material or service. Once the source list is created, users can assign a specific supplier to the material or service by selecting the “Fixed Source of Supply” option in the source list. 
  
  Tips & Tricks: 
  When creating a source list, it is important to include all potential suppliers for the material or service. This will ensure that users have access to the best possible supplier when assigning a Fixed Source of Supply. Additionally, it is important to regularly review and update the source list to ensure that it includes all relevant suppliers. 
  
  Related Information: 
  For more information on Fixed Sources of Supply, please refer to SAP Help Portal (https://help.sap.com/viewer/product/SRM/7.0/en-US). Additionally, you can find more information on creating and managing source lists in SAP SRM-Sourcing and Contracting in the SAP Library (https://help.sap.com/doc/srm_70_sp01/7.0/en-US).