What is shrinkage rate in SAP IS-BEV - SAP Beverage?

SAP Term: shrinkage rate

• Component: IS-BEV

• Component Name: SAP Beverage

• Description: Percentage of product lost.

Smart SAP Assistant

• Key Concepts: 
  Shrinkage rate is a term used in the SAP Beverage Industry Solution (IS-BEV) to refer to the amount of product that is lost due to spoilage, theft, or other causes. It is calculated by dividing the total amount of product lost by the total amount of product produced. 
  
  How to use it: 
  The shrinkage rate can be used to measure the efficiency of a production process. By tracking the shrinkage rate over time, companies can identify areas where they can improve their processes and reduce losses. Additionally, it can be used to compare different production processes and identify which one is more efficient. 
  
  Tips & Tricks: 
  When tracking the shrinkage rate, it is important to take into account any changes in production processes or materials that could affect the rate. Additionally, it is important to track the rate over a long period of time in order to get an accurate picture of how efficient a process is. 
  
  Related Information: 
  The shrinkage rate can be used in conjunction with other metrics such as yield and quality control metrics to get a better understanding of a production process. Additionally, it can be used to compare different production processes and identify which one is more efficient.