What is reference product in SAP CA-DDF-RT - Demand Data Foundation for Retail?

SAP Term: reference product

• Component: CA-DDF-RT

• Component Name: Demand Data Foundation for Retail

• Description: An existing product at a specific location that is assigned as a reference to a new product at the same or a different location. Reference products are used to easily provide new products including placeholder products with data that the latter do not yet have. This includes similar product characteristics and attributes, master data, or historical demand data for forecasting purposes.

Smart SAP Assistant

• Key Concepts: 
  Reference product is a component of the Demand Data Foundation for Retail (CA-DDF-RT) in SAP. It is used to store and manage product data, such as product descriptions, pricing, and availability. This data is then used to create a reference product that can be used across multiple stores and channels. 
  
  How to use it: 
  Reference product can be used to create a single source of truth for product data across multiple stores and channels. This allows for consistent pricing and availability information across all locations. It also allows for easier management of product data, as changes can be made in one place and applied to all locations. 
  
  Tips & Tricks: 
  When creating a reference product, it is important to ensure that all relevant data is included. This includes pricing, availability, descriptions, images, and any other relevant information. Additionally, it is important to keep the reference product up-to-date with any changes in pricing or availability. 
  
  Related Information: 
  For more information on reference product in SAP, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/CA-DDF-RT/latest/en-US). Additionally, there are many online resources available that provide tutorials and best practices for using reference product in SAP.