What is supply chain in SAP LO - Logistics - General?

SAP Term: supply chain

• Component: LO

• Component Name: Logistics - General

• Description: A sequence of operations and centers through which supplies move from the source of supply to the final customer or point of use. The supply chain starts with the extraction of raw materials or origination of raw concepts for services. Each link in the chain processes the material or the concept or supports processing. The supply chain extends from the raw material extraction or raw concept through many processes to the sale of the final product, goods or services to the consumer.

Smart SAP Assistant

• Key Concepts: 
  The supply chain is a network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. In SAP, the Logistics component of LO (Logistics - General) is used to manage the supply chain. This includes managing the flow of goods and services from suppliers to customers, as well as managing inventory levels and tracking orders. 
  
  How to use it: 
  The Logistics component of LO can be used to manage the supply chain in SAP. This includes managing the flow of goods and services from suppliers to customers, as well as managing inventory levels and tracking orders. It also includes features such as order processing, shipping, and invoicing. Additionally, it can be used to track customer orders and monitor supplier performance. 
  
  Tips & Tricks: 
  When using the Logistics component of LO to manage the supply chain in SAP, it is important to ensure that all data is accurate and up-to-date. Additionally, it is important to ensure that all processes are properly documented and tracked. This will help ensure that the supply chain runs smoothly and efficiently. 
  
  Related Information: 
  For more information on how to use the Logistics component of LO to manage the supply chain in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks for using this component effectively.