What is delivery date in SAP SRD-SRM - SRM-Supplier Relationship Management?

SAP Term: delivery date

• Component: SRD-SRM

• Component Name: SRM-Supplier Relationship Management

• Description: The date, projected or actual, on which a delivery will reach its destination.

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• Key Concepts: 
  Delivery date is a term used in SAP Supplier Relationship Management (SRM) to refer to the date on which goods or services are expected to be delivered by a supplier. It is an important factor in the procurement process, as it helps to ensure that goods and services are delivered on time and in the right quantity. 
  
  How to use it: 
  In SAP SRM, delivery dates are set when creating purchase orders. The delivery date should be set based on the supplier's lead time and the customer's needs. The delivery date should also take into account any holidays or other events that may affect the delivery of goods or services. Once the purchase order is created, the delivery date can be monitored and updated if necessary. 
  
  Tips & Tricks: 
  It is important to keep track of delivery dates in order to ensure that goods and services are delivered on time. It is also important to communicate with suppliers regularly to ensure that they are aware of any changes in delivery dates. 
  
  Related Information: 
  Delivery dates are closely related to payment terms, as they determine when payment is due for goods or services received. Delivery dates can also be used to track the progress of orders and ensure that they are completed on time.