What is product planning in SAP CA-RT-AP - SAP Assortment Planning?

SAP Term: product planning

• Component: CA-RT-AP

• Component Name: SAP Assortment Planning

• Description: The process of estimating sales quantities and purchase quantities for products or product variants. Assortment planners perform product planning on the location cluster set and location cluster level. They estimate how many units of each product or product variant will be sold over a defined period, then project the product inventory, and determine the inventory needs.

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• Key Concepts: 
  Product planning is a process used to determine the optimal product mix for a company. It involves analyzing customer demand, market trends, and competitor offerings to determine the best products to offer. SAP Assortment Planning (CA-RT-AP) is a software solution that helps companies manage their product planning process. It provides tools for analyzing customer demand, forecasting future demand, and optimizing product assortment. 
  
  How to use it: 
  SAP Assortment Planning provides a range of tools for managing product planning. It can be used to analyze customer demand, forecast future demand, and optimize product assortment. It also provides tools for creating product plans and managing inventory levels. Additionally, it can be used to track sales performance and identify opportunities for improvement. 
  
  Tips & Tricks: 
  When using SAP Assortment Planning, it is important to keep in mind that the software is only as good as the data that is inputted into it. Therefore, it is important to ensure that the data being inputted is accurate and up-to-date. Additionally, it is important to regularly review the product plans created by SAP Assortment Planning to ensure they are still relevant and up-to-date. 
  
  Related Information: 
  SAP Assortment Planning is part of the SAP Retail suite of products. Other products in this suite include SAP Retail Execution, SAP Merchandise Management, and SAP Store Inventory Management. These products can be used together to provide a comprehensive solution for managing product planning and inventory management.