What is item type in SAP (SRD-SRM - SRM-Supplier Relationship Management)?

SAP Term: item type

• Component: SRD-SRM

• Component Name: SRM-Supplier Relationship Management

• Description: A signifier that indicates whether an item is a material, a service or a limit item. The item type defined affects the fields available to the user.

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• Key Concepts: 
  Item type is a classification of items in SAP SRM that is used to define the characteristics of the item. It is used to determine the type of item, such as a material, service, or text item. It also defines the attributes of the item, such as the unit of measure, pricing, and delivery terms. 
  
  How to use it: 
  In SAP SRM, item types are used to define the characteristics of an item. When creating an item in SRM, you must select an item type from a list of available types. The item type will determine the attributes of the item, such as the unit of measure, pricing, and delivery terms. 
  
  Tips & Tricks: 
  When selecting an item type for an item in SAP SRM, make sure to select one that best fits the characteristics of the item. This will ensure that all relevant information is captured and that the item is accurately represented in SRM. 
  
  Related Information: 
  For more information on item types in SAP SRM, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/SRM/7.5/en-US).