What is 'improvement type' in SAP LOD-SBO - Supply Base Optimization?

improvement type - Overview

• Component: LOD-SBO

• Component Name: Supply Base Optimization

• Description: An attribute of a negotiation project that defines the type of improvement for which you are aiming a negotiation project. The improvement type can either be cost savings or lead time reduction

improvement type - Details

• 
  Key Concepts: 
  Improvement type is a feature of the SAP LOD-SBO Supply Base Optimization component. It is used to define the type of improvement that is being made to the supply base. Improvement types can include cost reduction, quality improvement, and lead time reduction. 
  
  How to use it: 
  The improvement type feature can be used to identify the type of improvement that is being made to the supply base. This helps to ensure that the right type of improvement is being made and that it is being done in the most effective way. The improvement type can be set when creating a new supply base optimization project. 
  
  Tips & Tricks: 
  When setting an improvement type, it is important to consider the goals of the project and how they can best be achieved. For example, if cost reduction is the goal, then selecting a cost reduction improvement type would be most appropriate. 
  
  Related Information: 
  For more information on how to use the improvement type feature in SAP LOD-SBO Supply Base Optimization, please refer to the official SAP documentation.