What is Product Status in SAP AP-LM-SPC - CRO14-Service Provider Cockpit?

SAP Term: Product Status

• Component: AP-LM-SPC

• Component Name: CRO14-Service Provider Cockpit

• Description: A work center view that provides a summary of current business performance of SAP application areas on productive tenants administered by the Service Provider Cockpit.

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• Key Concepts: 
  Product Status is a feature of the Service Provider Cockpit (SPC) component of SAP's Logistics and Manufacturing (LM) application. It is used to track the status of products throughout their lifecycle, from development to delivery. Product Status allows users to quickly identify which products are in development, in production, or ready for delivery. 
  
  How to use it: 
  Product Status can be accessed through the SPC component of SAP's LM application. Once accessed, users can view the status of each product and make changes as needed. For example, users can change the status of a product from "in development" to "in production" or "ready for delivery". 
  
  Tips & Tricks: 
  When using Product Status, it is important to keep track of all changes made to the status of a product. This will help ensure that all products are tracked accurately and that any changes made are properly documented. Additionally, it is important to regularly review the status of all products to ensure that they are up-to-date and accurate. 
  
  Related Information: 
  For more information on Product Status and how to use it, please refer to the SAP Help Portal or contact your local SAP representative. Additionally, there are many online resources available that provide detailed instructions on how to use Product Status in SAP's LM application.