What is standard catalog in SAP SRM-EBP - Enterprise Buyer?

SAP Term: standard catalog

• Component: SRM-EBP

• Component Name: Enterprise Buyer

• Description: Catalog which is opened in an external window rather than within the application.

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• Key Concepts: 
  Standard catalogs are a feature of SAP SRM-EBP Enterprise Buyer Professional that allow users to create and manage catalogs of products and services. These catalogs can be used to quickly and easily purchase items from vendors, as well as to track and manage the purchasing process. Standard catalogs are also used to ensure that all purchases are compliant with company policies and procedures. 
  
  How to use it: 
  Standard catalogs can be created in SAP SRM-EBP Enterprise Buyer Professional by selecting the “Create Catalog” option from the main menu. From there, users can add items to the catalog, set prices, and assign vendors. Once the catalog is complete, it can be used to quickly purchase items from vendors. 
  
  Tips & Tricks: 
  When creating a standard catalog, it is important to ensure that all items are compliant with company policies and procedures. Additionally, it is important to keep the catalog up-to-date with any changes in pricing or availability of items. 
  
  Related Information: 
  For more information on standard catalogs in SAP SRM-EBP Enterprise Buyer Professional, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks for creating and managing standard catalogs.