What is tolerance level in SAP IS-R - SAP for Retail?

SAP Term: tolerance level

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Level for which tolerances are maintained - either at the store level or at the cashier/workstation level.

Smart SAP Assistant

• Key Concepts: 
  Tolerance level in IS-R SAP for Retail is a setting that allows retailers to define the maximum amount of variance that is allowed between the expected and actual stock levels. This setting helps retailers to ensure that their stock levels are accurate and up-to-date. 
  
  How to use it: 
  To set the tolerance level, retailers must first determine the acceptable variance between the expected and actual stock levels. This can be done by analyzing past stock levels and determining what level of variance is acceptable. Once the acceptable variance has been determined, retailers can then set the tolerance level in IS-R SAP for Retail. 
  
  Tips & Tricks: 
  It is important to note that the tolerance level should be set at a level that is both realistic and achievable. Setting the tolerance level too low may result in inaccurate stock levels, while setting it too high may lead to overstocking or understocking. 
  
  Related Information: 
  The tolerance level setting in IS-R SAP for Retail is closely related to other settings such as inventory control, stock replenishment, and inventory optimization. By understanding how these settings interact with each other, retailers can ensure that their stock levels are accurate and up-to-date.