What is objective value deviation in SAP SRM-CM - SRM Category Management?

SAP Term: objective value deviation

• Component: SRM-CM

• Component Name: SRM Category Management

• Description: The difference between planned objective value and actual objective value.

Smart SAP Assistant

• Key Concepts: 
  Objective Value Deviation (OVD) is a feature in SAP SRM-CM Category Management that allows users to compare the actual value of a purchase order to the target value set by the company. OVD helps companies to identify and analyze any discrepancies between the actual and target values, and take corrective action if necessary. 
  
  How to use it: 
  To use OVD, users must first set up a target value for each purchase order. This can be done by entering the target value in the “Target Value” field in the purchase order. Once this is done, users can view the OVD report which will show the actual value of the purchase order compared to the target value. The report will also show any discrepancies between the two values. 
  
  Tips & Tricks: 
  When setting up a target value for a purchase order, it is important to ensure that it is realistic and achievable. This will help to ensure that any discrepancies between the actual and target values are identified and addressed quickly. 
  
  Related Information: 
  For more information on Objective Value Deviation, please refer to SAP’s official documentation on SRM-CM Category Management.