What is planned spending value in SAP SRM-CM - SRM Category Management?

SAP Term: planned spending value

• Component: SRM-CM

• Component Name: SRM Category Management

• Description: The predicted spending value defined when creating a program or initiative or the predicted spending value defined for categories within a program.

Smart SAP Assistant

• Key Concepts: 
  Planned Spending Value (PSV) is a feature of SAP SRM-CM Category Management that allows users to set a budget for a specific category of goods or services. This budget is then used to monitor and control spending within the category. The PSV is set by the user and can be adjusted as needed. 
  
  How to use it: 
  To set a PSV, the user must first select the category they wish to set a budget for. Once the category is selected, the user can enter the desired budget amount. This amount will then be used as the PSV for that category. The PSV can be adjusted at any time by the user. 
  
  Tips & Tricks: 
  It is important to keep track of spending within each category to ensure that the budget is not exceeded. Setting a PSV can help users stay on track and ensure that they are not overspending in any one area. 
  
  Related Information: 
  The PSV feature is part of SAP SRM-CM Category Management, which provides users with an easy way to manage their spending across multiple categories. Other features of Category Management include budgeting, forecasting, and reporting capabilities.