What is lead time rank in SAP LOD-SBO - Supply Base Optimization?

SAP Term: lead time rank

• Component: LOD-SBO

• Component Name: Supply Base Optimization

• Description: A rank given to the supplier of a part based on the lead time proposed by the various suppliers for that part.

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• Key Concepts: 
  Lead time rank is a feature of the SAP Supply Base Optimization (LOD-SBO) component. It is used to determine the order in which materials should be supplied to a customer. The lead time rank is based on the estimated delivery time of each material, and it helps to ensure that the customer receives their order in a timely manner. 
  
  How to use it: 
  The lead time rank is determined by the system based on the estimated delivery time of each material. The system will assign a higher lead time rank to materials with longer estimated delivery times, and a lower lead time rank to materials with shorter estimated delivery times. This ensures that the customer receives their order in the most efficient manner possible. 
  
  Tips & Tricks: 
  It is important to ensure that the estimated delivery times for each material are accurate, as this will affect the lead time rank assigned by the system. Additionally, it is important to keep track of any changes in estimated delivery times, as this could affect the lead time rank assigned by the system. 
  
  Related Information: 
  The lead time rank feature of SAP Supply Base Optimization (LOD-SBO) is closely related to other features such as inventory optimization and demand forecasting. These features can help to ensure that customers receive their orders in a timely manner, while also helping to reduce costs associated with inventory management and demand forecasting.