What is Extend ABC Indicator in SAP LO-MD - Logistics Basic Data?

SAP Term: Extend ABC Indicator

• Component: LO-MD

• Component Name: Logistics Basic Data

• Description: A WebGUI SSC UI that allows you to set the ABC indicator for a product.

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• Key Concepts: 
  Extend ABC Indicator is a component of the LO-MD Logistics Basic Data module in SAP. It is used to classify materials into different categories based on their usage and value. This classification helps to identify which materials are most important and should be given priority when it comes to inventory management. 
  
  How to use it: 
  Extend ABC Indicator can be used to classify materials into three categories: A, B, and C. Materials in category A are the most important and should be given priority when it comes to inventory management. Materials in category B are less important and should be given less priority. Materials in category C are the least important and should be given the least priority. 
  
  Tips & Tricks: 
  When using Extend ABC Indicator, it is important to consider the usage and value of each material when assigning it to a category. This will help ensure that the most important materials are given priority when it comes to inventory management. 
  
  Related Information: 
  Extend ABC Indicator is part of the LO-MD Logistics Basic Data module in SAP. Other components of this module include Material Master, Vendor Master, and Plant Master. These components can be used together with Extend ABC Indicator to help manage inventory more effectively.