What is range of coverage factor in SAP IS-R - SAP for Retail?

SAP Term: range of coverage factor

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail A value which is calculated by dividing the range of coverage by the replenishment lead time. The range of coverage factor is used for comparison purposes between articles.

Smart SAP Assistant

• Key Concepts: 
  Range of coverage factor is a feature in IS-R SAP for Retail that allows retailers to set a range of coverage factors for their merchandise. This range of coverage factors helps retailers to determine the optimal stock levels for their merchandise, based on the expected demand. 
  
  How to use it: 
  To use the range of coverage factor feature, retailers must first set up a range of coverage factors for their merchandise. This range should be based on the expected demand for the merchandise. Once the range is set up, retailers can then use the range of coverage factors to determine the optimal stock levels for their merchandise. 
  
  Tips & Tricks: 
  When setting up a range of coverage factors, it is important to consider the expected demand for the merchandise. This will help ensure that the optimal stock levels are set correctly. Additionally, it is important to regularly review and adjust the range of coverage factors as needed, in order to ensure that they remain accurate and up-to-date. 
  
  Related Information: 
  For more information about IS-R SAP for Retail and its features, please visit the SAP website at https://www.sap.com/products/is-r-sap-for-retail.html. Additionally, there are many online resources available that provide detailed information about IS-R SAP for Retail and its features.