What is Top 25 Suppliers in SAP SRD-SRM - SRM-Supplier Relationship Management?

SAP Term: Top 25 Suppliers

• Component: SRD-SRM

• Component Name: SRM-Supplier Relationship Management

• Description: A report that shows the 25 top suppliers in the current year. You view the purchase order value per supplier but also how many product categories and products are delivered per supplier.

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• Key Concepts: 
  Top 25 Suppliers is a feature of SAP Supplier Relationship Management (SRM) that allows users to quickly identify their top suppliers. This feature provides an overview of the most important suppliers, based on criteria such as total spend, number of orders, and delivery performance. It also allows users to compare suppliers and identify potential areas for improvement. 
  
  How to Use It: 
  To use the Top 25 Suppliers feature, users must first set up the criteria they want to use to evaluate their suppliers. This can include total spend, number of orders, delivery performance, and other criteria. Once the criteria have been set up, users can view a list of their top 25 suppliers. They can then compare the performance of each supplier and identify areas for improvement. 
  
  Tips & Tricks: 
  When setting up the criteria for evaluating suppliers, it is important to consider both quantitative and qualitative factors. For example, while total spend is an important factor, it should not be the only factor used to evaluate suppliers. Delivery performance and customer service should also be taken into account. 
  
  Related Information: 
  For more information on SAP SRM and its features, please visit the SAP website at https://www.sap.com/products/supplier-relationship-management.html.