What is unplanned costs in SAP LO-GT - Global Trade Management?

SAP Term: unplanned costs

• Component: LO-GT

• Component Name: Global Trade Management

• Description: A type of costs that can be posted during trading contract processing without referencing any planned data.

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• Key Concepts: 
  Unplanned costs are additional costs that are incurred due to unexpected events or circumstances. In the context of SAP's LO-GT Global Trade Management, unplanned costs refer to any additional costs that arise from unexpected changes in the global trade environment, such as tariffs, taxes, or currency fluctuations. 
  
  How to use it: 
  SAP's LO-GT Global Trade Management helps companies manage their global trade operations by providing visibility into the global trade environment and helping them anticipate and plan for potential unplanned costs. The system provides real-time updates on changes in tariffs, taxes, and currency fluctuations, allowing companies to adjust their operations accordingly. 
  
  Tips & Tricks: 
  It is important to stay up-to-date on changes in the global trade environment in order to anticipate and plan for potential unplanned costs. Companies should regularly review their global trade operations and adjust their strategies accordingly. 
  
  Related Information: 
  SAP's LO-GT Global Trade Management is part of the SAP Logistics Execution suite of applications. It helps companies manage their global trade operations by providing visibility into the global trade environment and helping them anticipate and plan for potential unplanned costs. Additionally, SAP offers a range of other solutions for managing global trade operations, such as SAP Global Trade Services (GTS) and SAP Transportation Management (TM).