What is ranking key in SAP (CA-RT-AP - SAP Assortment Planning)?

SAP Term: ranking key

• Component: CA-RT-AP

• Component Name: SAP Assortment Planning

• Description: A combination of KPIs that are weighted according to their relative importance within the key. Ranking keys are used, for example, to rank products in order to build optimized assortments. For this use case, they always apply to specific product hierarchy nodes, market hierarchy nodes, and location clusters. Example: A ranking key could combine three KPIs as follows: Sales Revenue Forecast - weight 50% Sales Revenue Reference - weight 25% Sales Cost Last Year - weight 25%

Smart SAP Assistant

• Key Concepts: 
  Ranking key is a feature of SAP Assortment Planning (CA-RT-AP) that allows users to prioritize items in an assortment. It is used to determine the order in which items are displayed in the assortment. The ranking key is a numerical value that can be assigned to each item in the assortment, with higher numbers indicating higher priority. 
  
  How to use it: 
  To use the ranking key feature, users must first create an assortment in SAP Assortment Planning. Once the assortment is created, users can assign a numerical value to each item in the assortment. This numerical value will determine the order in which items are displayed in the assortment. 
  
  Tips & Tricks: 
  When assigning numerical values to items in an assortment, it is important to consider how the items will be used. For example, if certain items are more likely to be purchased than others, they should be given higher numerical values so that they appear higher up in the assortment. 
  
  Related Information: 
  For more information on SAP Assortment Planning and how to use the ranking key feature, please refer to the SAP Help Portal or contact your local SAP representative.