Difference between std procurement and service procurement & advantages?

Dear Gurus,
what are the differences between standard procurement and service procurement &
advantages of External services management?
Thanks...

hi,
In std procurement we procure materials while in the service procurement we procure services...sap has given these two differently may be bacause while procuring the services you never know in advance that how much exact amount is req. just because you don't know for eg wether there is any req. of changing the parts, or general maintenence or anything else...
so due to this you use the value limits....
Advantage: As the services procured are not FIXED as in the std procurement, we do have flexibility for adding up the new services as per the req...
and as we provide the value limits, in the real time scenerio it doesnot cause any FI problem later...
Regards
Priyanka.P

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