What is addressed spending value in SAP (SRM-CM - SRM Category Management)?

SAP Term: addressed spending value

• Component: SRM-CM

• Component Name: SRM Category Management

• Description: The total of planned spending values for all initiatives within a program or for all initiatives within a program for a specific category.

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• Key Concepts: 
  Addressed spending value is a term used in SAP SRM-CM Category Management. It is the total amount of money that a company has allocated to a particular category of goods or services. This value is used to determine the budget for each category and to track the spending of the company in that category. 
  
  How to use it: 
  The addressed spending value is set by the company and can be adjusted as needed. It is used to determine the budget for each category and to track the spending of the company in that category. The addressed spending value can be used to set limits on how much money can be spent in each category, as well as to monitor the progress of spending in each category. 
  
  Tips & Tricks: 
  It is important to regularly review and adjust the addressed spending value as needed. This will ensure that the budget for each category is appropriate and that the company is not overspending in any particular area. Additionally, it is important to monitor the progress of spending in each category to ensure that it is within the allocated budget. 
  
  Related Information: 
  The addressed spending value is closely related to other terms such as budgeted spending value, actual spending value, and committed spending value. These terms are all used to track and manage the budget for a particular category of goods or services. Additionally, these terms are often used together to ensure that the company is staying within its allocated budget for each category.