What is 'gap' in SAP EPM-SCP - Supply Chain Performance Management?

gap - Overview

• Component: EPM-SCP

• Component Name: Supply Chain Performance Management

• Description: A value that represents the difference between the actual performance and the target values of a scorecard. The gap can be an absolute difference or a percentage difference.

gap - Details

• 
  Key Concepts: 
  Gap in SAP EPM-SCP Supply Chain Performance Management is a term used to describe the difference between the actual performance of a supply chain and the desired performance. It is used to measure the efficiency of a supply chain and identify areas for improvement. 
  
  How to use it: 
  Gap can be used to measure the performance of a supply chain by comparing the actual performance with the desired performance. This comparison can be done by analyzing data from various sources such as customer feedback, supplier performance, and inventory levels. The gap can then be used to identify areas for improvement and develop strategies to improve the supply chain performance. 
  
  Tips & Tricks: 
  When measuring the gap, it is important to consider all factors that may affect the supply chain performance such as customer demand, supplier reliability, and inventory levels. Additionally, it is important to consider both short-term and long-term goals when measuring the gap. 
  
  Related Information: 
  Gap analysis is an important tool for supply chain management and can be used to identify areas for improvement and develop strategies for improving supply chain performance. Additionally, gap analysis can be used to compare different supply chains and identify best practices that can be implemented in other supply chains.