What is partner function in SAP SRM - Supplier Relationship Management?

SAP Term: partner function

• Component: SRM

• Component Name: Supplier Relationship Management

• Description: A term, such as "goods recipient" or "invoice recipient" that describes a person or company, with whom or which you do business. In transactions such as purchase orders or contracts, the partner functions are executed by business partners that you have entered in the system. In addition, you can define your own partner functions.

Smart SAP Assistant

• Key Concepts: 
  Partner Function is a feature of SAP Supplier Relationship Management (SRM) that allows users to assign roles to their suppliers. This feature helps to ensure that the right supplier is assigned to the right task and that all tasks are completed in a timely manner. It also helps to ensure that all suppliers are treated fairly and that all transactions are tracked accurately. 
  
  How to use it: 
  To use the Partner Function feature, users must first create a partner profile for each supplier. This profile should include information such as the supplier’s contact information, payment terms, and any other relevant information. Once the profile is created, users can assign roles to each supplier based on their needs. For example, a user may assign a supplier as a “Primary Supplier” or “Secondary Supplier” depending on their needs. 
  
  Tips & Tricks: 
  When creating partner profiles, it is important to make sure that all of the information is accurate and up-to-date. This will help ensure that all transactions are tracked accurately and that all suppliers are treated fairly. Additionally, it is important to review the partner profiles regularly to make sure that they are still accurate and up-to-date. 
  
  Related Information: 
  For more information about Partner Function in SAP SRM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SRM/7.5/en-US/f9f8d3a2b6c14e8a9f3d7c2b1e4d7f2a.html