What is reference lot in SAP IS-HT-DRM - Distributor-Reseller-Management?

SAP Term: reference lot

• Component: IS-HT-DRM

• Component Name: Distributor-Reseller-Management

• Description: A DRM lot used as reference for importing parameters such as protectable price when the system creates a new lot to hold unreconciled quantities. The above situation may arise: During inventory reconciliation. When a return of material from an end customer to a distributor/reseller occurs without reference to resale invoice.

Smart SAP Assistant

• Key Concepts: 
  Reference lot is a feature in the IS-HT-DRM Distributor-Reseller-Management component of SAP that allows users to assign a unique identifier to a specific lot of goods. This identifier can be used to track the lot throughout its life cycle, from production to delivery. The reference lot also allows users to quickly identify and locate the goods in question. 
  
  How to use it: 
  To use the reference lot feature, users must first create a unique identifier for the lot of goods. This can be done by entering the relevant information into the system, such as the product name, quantity, and expiration date. Once this is done, the reference lot can be assigned to the goods and tracked throughout its life cycle. 
  
  Tips & Tricks: 
  When creating a reference lot, it is important to ensure that all relevant information is entered accurately. This will help ensure that the goods can be tracked and located quickly and easily. Additionally, it is important to keep track of any changes made to the reference lot, such as changes in quantity or expiration date. 
  
  Related Information: 
  For more information on reference lots and how they are used in SAP IS-HT-DRM Distributor-Reseller-Management, please refer to SAP’s official documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.