What is program in SAP SRM-CM - SRM Category Management?

SAP Term: program

• Component: SRM-CM

• Component Name: SRM Category Management

• Description: A business object used to plan a long-term purchasing strategy, including related activities, for one or more categories. Each program defines an objective and allocates a spending budget to meet this objective.

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• Key Concepts: 
  A program in SAP SRM Category Management is a set of activities that are designed to achieve a specific goal. It is a way to organize and manage the different tasks and processes associated with a particular category of goods or services. Programs can be used to define the scope of a category, set objectives, and track progress. 
  
  How to Use it: 
  Programs in SAP SRM Category Management are created by defining the scope of the program, setting objectives, and assigning tasks to team members. Once the program is created, it can be monitored and tracked using the program dashboard. The dashboard provides an overview of the program's progress and allows users to drill down into specific tasks or activities. 
  
  Tips & Tricks: 
  When creating a program in SAP SRM Category Management, it is important to ensure that all tasks are clearly defined and assigned to the appropriate team members. This will help ensure that all tasks are completed on time and that progress is tracked accurately. Additionally, it is important to regularly review the program dashboard to ensure that progress is being made towards achieving the program's objectives. 
  
  Related Information: 
  For more information on programs in SAP SRM Category Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and best practices for creating and managing programs in SAP SRM Category Management.