Hello Dipak,
enclosed you will find a short summary of the fields.
- low-cost
Meaning: The Low-cost field indicates that the costs of the respective purchase requisition process are classified as low. This often refers to the value of the purchase requisition or the amount of work required to process it.
Usage: You would use this field to identify requisitions that are low cost or low effort. It could help to process less critical requisitions faster, making the whole process more efficient.
- mdm-cost (master data management cost)
Meaning: The Mdm-cost field shows the costs incurred by master data management. These are the costs incurred for the maintenance and management of master data (such as supplier and article master data) used in the purchase requisition process.
Usage: This field is used to analyze how much costs are incurred under management of master data. These can be caused by the creation, maintenance, updating and cleansing of data. If these costs are high, this could indicate inefficient master data management processes that could be optimized.
- high-cost
Meaning: The High-cost field indicates that the costs of the purchase requisition process are classified as high. This can be caused by high values of the purchase requisition or by more complex processes that require more time and effort.
Usage: This field is useful for identifying requisitions that require special attention due to their high cost or effort. These may be expensive items or purchase requisitions with more complicated approval processes. A detailed analysis of these requisitions can help improve efficiency or identify expensive processes that should be optimized.
Best regards
Dennis
Bluesky
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