What is factory status in SAP IS-AFS-MM - Materials Management?

SAP Term: factory status

• Component: IS-AFS-MM

• Component Name: Materials Management

• Description: Criterion for the vendor ranking of the source allocation. The factory status is stored in the vendor master record and valuates the relation between you and your vendor.

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• Key Concepts: 
  Factory status is a feature of SAP Materials Management (MM) that allows users to track the status of a factory or production facility. It is used to monitor the progress of production and to ensure that all necessary steps are taken in order to complete the production process. The factory status can be used to track the progress of production from start to finish, including the completion of all necessary steps such as material procurement, production scheduling, and quality control. 
  
  How to use it: 
  The factory status feature in SAP MM can be used to monitor the progress of production from start to finish. It can be used to track the progress of material procurement, production scheduling, and quality control. The factory status can also be used to identify any potential problems or delays in the production process. Additionally, it can be used to ensure that all necessary steps are taken in order to complete the production process. 
  
  Tips & Tricks: 
  When using the factory status feature in SAP MM, it is important to ensure that all necessary steps are taken in order to complete the production process. Additionally, it is important to monitor the progress of production from start to finish in order to identify any potential problems or delays. 
  
  Related Information: 
  The factory status feature in SAP MM is closely related to other features such as material procurement, production scheduling, and quality control. Additionally, it is related to other features such as inventory management and warehouse management.