What is coverage in SAP CRM-BF-CPE - Engine for Commodity Pricing in CRM?

SAP Term: coverage

• Component: CRM-BF-CPE

• Component Name: Engine for Commodity Pricing in CRM

• Description: An agreement on the price of a specific amount of commodity. The customer can then obtain the agreed quantity for the agreed price.

Smart SAP Assistant

• Key Concepts: 
  Coverage is a feature of the CRM-BF-CPE Engine for Commodity Pricing in CRM that allows users to define the scope of their pricing calculations. It enables users to specify which products, customers, and other criteria should be included in the pricing calculations. Coverage also allows users to define the conditions under which the pricing calculations should be performed. 
  
  How to use it: 
  To use coverage, users must first define the scope of their pricing calculations. This can be done by selecting the products, customers, and other criteria that should be included in the pricing calculations. Once this is done, users can then define the conditions under which the pricing calculations should be performed. This can include setting a minimum or maximum price, setting a discount rate, or setting a specific currency for the calculation. 
  
  Tips & Tricks: 
  When defining coverage, it is important to consider all of the criteria that could affect the pricing calculation. This includes not only products and customers, but also any other factors that could influence the price such as location, time of day, or seasonality. Additionally, it is important to consider how changes in these criteria could affect the pricing calculation over time. 
  
  Related Information: 
  For more information on coverage and how to use it in CRM-BF-CPE Engine for Commodity Pricing in CRM, please refer to SAP’s official documentation on coverage. Additionally, there are many online resources available that provide tips and tricks for using coverage effectively.