What is initiative owner in SAP SRM-CM - SRM Category Management?

SAP Term: initiative owner

• Component: SRM-CM

• Component Name: SRM Category Management

• Description: The user who owns the initiative and is responsible for managing it. By default, the initiative creator is the initiative owner. However, the initiative creator can transfer ownership of the initiative to another user, after which the assigned user is designated as the initiative owner. This user is assigned the category manager role.

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• Key Concepts: 
  Initiative Owner is a role in SAP SRM-CM Category Management. It is responsible for the overall success of a category management initiative. The Initiative Owner is responsible for setting the strategy, objectives, and goals of the initiative, as well as managing the resources and budget allocated to it. The Initiative Owner also works with stakeholders to ensure that the initiative meets its objectives. 
  
  How to use it: 
  The Initiative Owner is responsible for setting up the category management initiative and ensuring that it meets its objectives. This includes setting up the strategy, objectives, and goals of the initiative, as well as managing the resources and budget allocated to it. The Initiative Owner should also work with stakeholders to ensure that the initiative meets its objectives. 
  
  Tips & Tricks: 
  When setting up a category management initiative, it is important to ensure that all stakeholders are involved in the process. This will help ensure that everyone is on the same page and that all objectives are met. Additionally, it is important to set realistic goals and objectives for the initiative so that it can be successful. 
  
  Related Information: 
  For more information on SAP SRM-CM Category Management, please refer to SAP's official documentation here: https://help.sap.com/viewer/product/SRM_CM/7.5/en-US