What is the primary purpose of a Purchase Info Record in SAP S/4HANA?

The primary purpose of a Purchase Info Record in SAP S/4HANA is to maintain data about materials and their suppliers. This record serves as a vital informational resource that links specific materials with the suppliers who provide them, capturing important details such as purchasing prices, delivery times, and conditions of supply. Maintaining this data is essential for efficient procurement processes, enabling organizations to efficiently manage their supplier relationships and ensure they obtain consistent quality and pricing for their materials.

In addition to serving as a reference point for purchasing transactions, the Purchase Info Record supports various purchasing activities, including order creation and material valuation. This comprehensive repository helps streamline procurement processes by allowing buyers quick access to historical data about past transactions with suppliers. When creating purchase orders, the system can automatically pull in relevant information from the Purchase Info Record, thereby simplifying the procurement workflow and reducing the likelihood of errors.

While tracking payment conditions, updating inventory levels, and analyzing purchasing performance are all important aspects of procurement management, they are not the primary focus of the Purchase Info Record itself. Each of these functions may involve different types of records and processes within the SAP S/4HANA environment.