What is 'preferred supplier' in SAP SRM-EBP-POR - Local Purchase Order?

preferred supplier - Overview

• Component: SRM-EBP-POR

• Component Name: Local Purchase Order

• Description: Preferred suppliers are proposed by employees when the assigned sources of supply cannot deliver on time. They are maintained as suppliers in the organizational structure and only become actual suppliers after approval by the purchaser.

preferred supplier - Details

• 
  Key Concepts: 
  A preferred supplier is a vendor that has been identified by an organization as a reliable source for goods and services. In SAP SRM-EBP-POR Local Purchase Order, a preferred supplier is a vendor that has been pre-approved by the organization to provide goods and services. This allows the organization to quickly and easily place orders with the vendor without having to go through the process of evaluating and selecting a new vendor. 
  
  How to use it: 
  In SAP SRM-EBP-POR Local Purchase Order, a preferred supplier can be identified by entering the vendor's name in the "Preferred Supplier" field. Once the vendor is identified, the organization can place orders with them without having to go through the process of evaluating and selecting a new vendor. 
  
  Tips & Tricks: 
  When selecting a preferred supplier, it is important to consider factors such as price, quality, delivery times, and customer service. It is also important to ensure that the vendor is reliable and trustworthy. Additionally, it is important to review the terms and conditions of any agreement with the vendor before placing an order. 
  
  Related Information: 
  For more information on SAP SRM-EBP-POR Local Purchase Order, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use this software.