What is assortment in SAP CRM-MKT-MPL-CBP - Customer Business Planning?

SAP Term: assortment

• Component: CRM-MKT-MPL-CBP

• Component Name: Customer Business Planning

• Description: A list of products that is defined for a certain validity period. An assortment can be sold to a certain customer within a certain time frame. Assortments are used for planning and can be built from SAP Customer Relationship Management listing data.

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• Key Concepts: 
  Assortment is a term used in Customer Business Planning (CBP) within the SAP CRM-MKT-MPL module. It refers to the selection of products and services that a company offers to its customers. Assortment planning is the process of determining which products and services should be offered, and in what quantities, in order to meet customer demand and maximize profits. 
  
  How to use it: 
  Assortment planning is an important part of any business’s operations. In SAP CRM-MKT-MPL-CBP, assortment planning is done using the Assortment Planning application. This application allows users to create and manage product assortments, analyze customer demand, and optimize assortment decisions. 
  
  Tips & Tricks: 
  When creating an assortment plan, it is important to consider customer preferences and buying habits. This will help ensure that the assortment plan meets customer needs and maximizes profits. Additionally, it is important to regularly review and update the assortment plan in order to keep up with changing customer preferences and market conditions. 
  
  Related Information: 
  For more information on assortment planning in SAP CRM-MKT-MPL-CBP, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/CRM_MKT_MPL_CBP/7.0/en-US