What is range of coverage in SAP (LO-LIS - Logistics Information System (LIS))?

SAP Term: range of coverage

• Component: LO-LIS

• Component Name: Logistics Information System (LIS)

• Description: Range of coverage gives information on the stock level in relation to demand. It determines how long a stock amount will last given the average demand. Demand can be calculated using historical data consumption values or data from the future forecasted values.

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• Key Concepts: 
  Range of coverage is a feature of the Logistics Information System (LIS) component of SAP. It allows users to define the scope of their data analysis by setting limits on the range of data they want to include in their reports. This helps users to focus on specific areas and get more accurate results. 
  
  How to use it: 
  To use range of coverage, users must first define the parameters they want to use for their analysis. This includes setting limits on the time period, product type, and other criteria. Once these parameters are set, users can then generate reports that only include data within the specified range. 
  
  Tips & Tricks: 
  When using range of coverage, it is important to set the parameters carefully. If the parameters are too broad, the results may not be as accurate as desired. It is also important to remember that range of coverage can be used in combination with other features in LIS, such as filters and sorting, to further refine the results. 
  
  Related Information: 
  Range of coverage is just one of many features available in SAP's Logistics Information System (LIS). Other features include filters, sorting, and data visualization tools. All of these features can be used together to create more comprehensive and accurate reports.