What master data element contains the relationship information between a material and a supplier?

The Purchase Info Record is the master data element that captures the relationship information between a material and a supplier. This record contains essential details such as the pricing, conditions, and delivery terms related to the specific material supplied by a vendor. It effectively links the material with the supplier, enabling procurement processes to retrieve vital purchasing information when placing orders.

The importance of the Purchase Info Record lies in its ability to facilitate streamlined procurement by providing insights directly related to the vendor's terms and conditions for a specific material. This helps ensure that purchasing decisions are based on the most current and relevant data, which enhances the efficiency of the sourcing process.

The Vendor Master Record pertains to general information about the supplier, and while it includes many details about the vendor, it does not specifically tie that information to individual materials. The Material Master Record carries detailed specifications about the raw materials or finished goods but does not connect this data to the suppliers directly. Purchase Order History, on the other hand, deals with past orders made but does not establish the specific supplier-material relationship needed for future procurement decisions.