What Is Source List In Sap Mm
Understanding the Source List in SAP MM
Source list in SAP MM is a list of preferred vendors or sources of supply for a particular material. It contains information about the vendor, material, and validity dates for the purchasing organization. This list helps the purchasing department to determine which vendors they can purchase the material from, based on factors like price, delivery time, and quality. The source list is used in the purchase requisition and purchase orders to automatically determine the source of supply, reducing manual effort and ensuring consistency in purchasing decisions. It also helps in maintaining good relationships with vendors and ensuring timely delivery of materials.
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- A source list in SAP MM (Material Management) is a purchasing tool used to specify preferred suppliers for specific materials.
- - It allows users to define a list of approved vendors for a particular material, which can then be used for purchase orders and other procurement activities.
- - The source list contains information such as the vendor code, plant, and validity period for each material-vendor combination.
- - It can be created at both the plant level and at the purchasing organization level, allowing for more flexibility in procurement decisions.
- - Maintaining a source list can help streamline the purchasing process and ensure timely delivery of materials.
- - The source list is used in conjunction with other SAP MM features such as the purchase info record and quota arrangement.
- - It can also be used to restrict purchases to specific vendors, preventing unauthorized or off-contract purchases.
- - The source list can be automatically updated based on certain criteria, such as vendor performance or price changes.
- - In case of supply shortages or other changes, the source list can be easily modified to adapt to new circumstances.
- - Regularly maintaining the source list can help organizations improve their supplier relationships and negotiate better pricing.
- - Overall, the source list is an essential tool for managing the procurement process efficiently and effectively.
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