What is operational contract hierarchy in SAP SRM-EBP-CON - Contract Management?

SAP Term: operational contract hierarchy

• Component: SRM-EBP-CON

• Component Name: Contract Management

• Description: A hierarchical structure of operational contracts.

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• Key Concepts: 
  Operational contract hierarchy is a feature of SAP SRM-EBP-CON Contract Management that allows users to create and manage hierarchies of contracts. This feature enables users to easily view and manage the relationships between different contracts, such as parent-child relationships, and to quickly identify the most relevant contracts for a given situation. 
  
  How to use it: 
  To use the operational contract hierarchy feature, users must first create a contract hierarchy. This can be done by creating a parent contract and then adding child contracts to it. Once the hierarchy is created, users can view the relationships between the different contracts and easily identify the most relevant contracts for a given situation. 
  
  Tips & Tricks: 
  When creating a contract hierarchy, it is important to ensure that all of the contracts are properly linked together. This will ensure that users can easily view and manage the relationships between different contracts. Additionally, it is important to keep the hierarchy organized so that users can quickly identify the most relevant contracts for a given situation. 
  
  Related Information: 
  For more information on how to use the operational contract hierarchy feature in SAP SRM-EBP-CON Contract Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to effectively use this feature.