What is Range of Coverage in SAP (MM-FIO-IM - Fiori UI for Inventory Management)?

SAP Term: Range of Coverage

• Component: MM-FIO-IM

• Component Name: Fiori UI for Inventory Management

• Description: A KPI that determines how long a company can manage with the current stock, based on the determined consumption of stock in the past. This KPI enables warehouse managers to avoid critical situations, for example, an impending shortfall regarding the range of coverage for a specific material.

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• Key Concepts: 
  Range of Coverage is a feature in the Fiori UI for Inventory Management component of SAP MM-FIO-IM. It allows users to define a range of materials, plants, and storage locations that can be used for a particular transaction. This range of materials, plants, and storage locations can be used to limit the scope of a transaction, such as a goods receipt or goods issue. 
  
  How to Use It: 
  To use Range of Coverage, users must first define the range of materials, plants, and storage locations that they want to use for a particular transaction. This can be done in the SAP system by navigating to the “Define Range of Coverage” screen in the Fiori UI for Inventory Management component. Once the range has been defined, it can be used when creating a goods receipt or goods issue transaction. 
  
  Tips & Tricks: 
  When defining a range of coverage, it is important to consider which materials, plants, and storage locations are necessary for the transaction. This will help ensure that only relevant data is included in the transaction and that unnecessary data is excluded. 
  
  Related Information: 
  For more information on Range of Coverage in SAP MM-FIO-IM, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_MM_FIO_IM/latest/en-US/f2f9a7d8b3e14c8a9f3d7c6b2f5e4d1a.html