What is product type in SAP IS-U-EPM - Energy Portfolio Management?

SAP Term: product type

• Component: IS-U-EPM

• Component Name: Energy Portfolio Management

• Description: The time period of a day for which a product is defined. The product type definition differentiates between weekday and holiday based on a public holiday calendar. The product type is used to split open positions and can form the basis of trading at the EEX or any other counterparty. &Example& Product types already defined are "Base" for 24 hours a day or "Peak", which lasts from 08:00 to 20:00.

Smart SAP Assistant

• Key Concepts: 
  Product type is a component of the SAP IS-U-EPM Energy Portfolio Management module. It is used to define the characteristics of a product, such as its pricing, billing, and other related information. Product types are used to group products into categories for easier management and reporting. 
  
  How to use it: 
  Product types are created in the SAP IS-U-EPM Energy Portfolio Management module. The user can define the characteristics of each product type, such as pricing, billing, and other related information. The user can then assign products to the appropriate product type. 
  
  Tips & Tricks: 
  When creating product types, it is important to consider how they will be used in the future. For example, if a product type is used for billing purposes, it should include all relevant information needed for billing. 
  
  Related Information: 
  The SAP IS-U-EPM Energy Portfolio Management module also includes other components such as customer types, contract types, and service types. These components are used to further define the characteristics of products and customers in the system.