What is availability in SAP FS-PRO - SAP Product Management?

SAP Term: availability

• Component: FS-PRO

• Component Name: SAP Product Management

• Description: A feature of products, values and questions that gives product dimensionality settings. Availability defines where, how, and to whom an insurance product can be sold.

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• Key Concepts: 
  Availability is a term used in SAP Product Management to describe the ability of a product to be available for sale. It is a measure of the quantity of a product that is available for purchase at any given time. Availability can be affected by factors such as demand, supply, and production capacity. 
  
  How to use it: 
  In SAP Product Management, availability is used to determine the quantity of a product that can be sold at any given time. Availability can be managed by setting up availability rules in the system, which will automatically adjust the quantity of a product that can be sold based on factors such as demand, supply, and production capacity. 
  
  Tips & Tricks: 
  It is important to monitor availability closely in order to ensure that customers are able to purchase the products they need when they need them. Additionally, it is important to set up availability rules in order to ensure that the system is able to adjust the quantity of a product that can be sold based on changes in demand, supply, and production capacity. 
  
  Related Information: 
  For more information on availability in SAP Product Management, please refer to the SAP Help Portal or contact your local SAP representative.