What is logistical option in SAP LO-CMM - Commodity Management in Logistics?

SAP Term: logistical option

• Component: LO-CMM

• Component Name: Commodity Management in Logistics

• Description: Commodity Management in Logistik Set of optional logistical data about destination, schedule, and so on, kept along with a GTM trading contract. Instead of one piece of determined logistical information for example, a concrete load port, the logistical option LOPT provides a set of possible values. This is so that the holder of the LOPT is not forced to define the logistical information at once, but could wait until a defined declaration date to exercise or expire the LOPT. In the system, the LOPT is realized by using a concrete LOPT value. Possible values of an LOPT are grouped in LOPT lists, which are based on LOPT categories like load port/disport, scheduling, quality substitution, volume, or source. Example Disport option ARA: When the trading contract is defined, the customer is not able to specify the discharging ports for the next order. Due to the location of the plants, he knows that the port could be Antwerp, Rotterdam, or Amsterdam ARA. Therefore, a logistical option list is create

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• Key Concepts: 
  Logistical option is a component of LO-CMM Commodity Management in Logistics. It is a tool that helps companies manage their supply chain and logistics operations. It provides a comprehensive view of the entire supply chain, from procurement to delivery, and helps companies make informed decisions about their logistics operations. 
  
  How to use it: 
  Logistical option can be used to manage the entire supply chain, from procurement to delivery. It provides a comprehensive view of the entire supply chain, including inventory levels, order status, and delivery times. It also provides detailed information about the cost of goods sold, transportation costs, and other logistics-related expenses. Additionally, it can be used to track and analyze trends in the supply chain, such as changes in demand or pricing. 
  
  Tips & Tricks: 
  When using logistical option, it is important to keep track of all changes in the supply chain. This includes changes in demand or pricing, as well as changes in inventory levels or delivery times. Additionally, it is important to monitor the cost of goods sold and transportation costs to ensure that they are kept within budget. 
  
  Related Information: 
  Logistical option is part of SAP's suite of logistics solutions. Other components include SAP Transportation Management (SAP TM), SAP Extended Warehouse Management (SAP EWM), and SAP Event Management (SAP EM). Additionally, SAP offers a range of services and tools to help companies optimize their supply chain operations.