What is approved manufacturer part list in SAP XAP-CQM - Cost and Quotation Management (SAP xCQM)?

SAP Term: approved manufacturer part list

• Component: XAP-CQM

• Component Name: Cost and Quotation Management (SAP xCQM)

• Description: A list in which materials are assigned to a company's own materials, taking into account the manufacturer, plant, validity period, revision level, and any reasons for blocking the use of the materials.

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• Key Concepts: 
  Approved Manufacturer Part List (AMPL) is a feature of SAP xCQM Cost and Quotation Management that allows users to create and maintain a list of approved parts and suppliers. This list can be used to ensure that only approved parts and suppliers are used in the production process. The AMPL also helps to reduce costs by ensuring that only the most cost-effective parts and suppliers are used.
  
  How to use it: 
  To use the AMPL, users must first create a list of approved parts and suppliers. This list can be created manually or imported from an external source. Once the list is created, users can then assign each part and supplier to a specific cost category. This allows users to easily identify which parts and suppliers are most cost-effective for their production process.
  
  Tips & Tricks: 
  When creating an AMPL, it is important to ensure that all parts and suppliers are properly categorized. This will help to ensure that only the most cost-effective parts and suppliers are used in the production process. Additionally, it is important to regularly review the AMPL to ensure that it is up-to-date with the latest cost information.
  
  Related Information: 
  For more information on SAP xCQM Cost and Quotation Management, please visit the SAP website at https://www.sap.com/products/cost-quotation-management.html. Additionally, there are many online resources available that provide detailed information on how to use the AMPL feature of SAP xCQM Cost and Quotation Management.