Which of the following options describes the purchase info record in SAP S/4HANA?

The purchase info record is a critical component within SAP S/4HANA that primarily serves to store historical price data. This record contains essential information related to the purchasing of materials from specific suppliers, including the prices paid in the past for those materials. This data can be invaluable when negotiating future purchasing agreements, as it provides insights into pricing trends and supplier performance over time.

The emphasis on historical price data allows organizations to make informed decisions regarding procurement strategies and budget planning. This capability enables procurement professionals to analyze costs, assess supplier reliability, and optimize purchasing processes based on solid historical insights. Given its focus on pricing history alongside other critical aspects like order history and delivery details, the purchase info record plays a pivotal role in enhancing the efficiency and effectiveness of the procurement process.