Business Term Status
The Business Term is currently validated by the Data Governance Committee.
Subdomain
📃 VENDORS FOR PURCHASING
Business Term Definition
Vendors are business partners which can be an external supplier who provides goods or services from outside the organization, as well as an internal partner such as employees or an internal entity for inter-company transactions. / Vendors contain data that is valid for the company such as - keys or numbers or codes, names , addresses, tax information and bank data -. Except for employees, vendor master records are distributed from PF1_050 to PF1_020 and WP1_400. Their keys are interconnected when vendors are old (created in legacy Rhodia) or identical when more recent.
Roles
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Data Sources, Type and Classification
WBP & SAP
Master Data
Internal Data
Related Business Terms
| Business Term | Description | Link |
|---|---|---|
| Goods Supplier as Partner Function | Goods Suppliers (GS) are the partners who supply the goods. | Goods Supplier as Partner Function |
| Invoicing Party as Partner Function | Invoicing Parties or Invoice Presented by (IP-PI) are the partners who send the invoices. They are often called "Creditors" and sometimes "Legal Vendors" in WBP_400. | Invoicing Party as Partner Function |
| Ordering Address as Partner Function | Ordering Addresses (OA) are the partners who receive the purchase orders. It is sometimes called "Vendor PO" in business warehouse. | Ordering Address as Partner Function |
| Partner Function | Partner functions (PF) are used to represent different roles or parties involved in a business transaction; There are many partner function types and the mostly used are Vendor (VN), Ordering Address (OA), Goods Supplier (GS) and, Invoicing Party (IP-PI). | Partner Function |
| Vendor (or Creditor) Class | Classes are assigned at vendor group level and calculated based on the spend of each purchasing grand domain, and spend origin (external or internal). | Vendor (or Creditor) Class |
| Vendor (or Creditor) Domain | Domains of the vendors are calculated from the segments assigned to the vendors. "Domain" is the third and last level of the category taxonomy. | Vendor (or Creditor) Domain |
| Vendor (or Creditor) Segment | Vendors are assigned to one segment according to preponderant spend. "Segment" is the second level of the category taxonomy. | Vendor (or Creditor) Segment |
| Vendor as Partner Function | Vendors (VN) are the partners who sell the goods or services. | Vendor as Partner Function |
| Vendor Master | Vendor master is the central repository for all vendor-related data. | Vendor Master |
| Vendor Workflow Matrix | Category buyers authorised by their procurement directors or managers to validate the requests to create, update or unblock vendors are defined in the vendor workflow matrix. They are authorised to one (or multiple) segment(s) for one (or multiple) countries. | Vendor Workflow Matrix |