What is short-lifecycle assortment in SAP CA-RT-AP - SAP Assortment Planning?

SAP Term: short-lifecycle assortment

• Component: CA-RT-AP

• Component Name: SAP Assortment Planning

• Description: Application Platform AP A product mix listed for a defined and generally shorter period of time, such as a season. The products in such an assortment generally have shorter product lifecycles with limited buying opportunities and tend to have longer procurement lead times, as is typical for the fashion market and for consumer electronics.

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• Key Concepts: 
  Short-lifecycle assortment is a type of assortment planning in SAP Assortment Planning (CA-RT-AP). It is used to manage the lifecycle of products with a short shelf life, such as seasonal items or fashion items. It allows users to plan and manage the introduction, promotion, and retirement of these items in order to maximize sales and profits. 
  
  How to use it: 
  Short-lifecycle assortment planning in SAP Assortment Planning can be used to plan and manage the introduction, promotion, and retirement of products with a short shelf life. It allows users to set up rules for when products should be introduced, promoted, and retired. It also allows users to track the performance of each product over its lifecycle. 
  
  Tips & Tricks: 
  When using short-lifecycle assortment planning in SAP Assortment Planning, it is important to set up rules for when products should be introduced, promoted, and retired. This will help ensure that products are introduced at the right time and that they are retired before they become outdated. Additionally, it is important to track the performance of each product over its lifecycle in order to maximize sales and profits. 
  
  Related Information: 
  For more information on short-lifecycle assortment planning in SAP Assortment Planning, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/CA_RT_AP/latest/en-US/f9f8d7a2b3e14c8a9f3d7c6b2f5e4d1a.html