What is 'delivery date variance' in SAP MM - Materials Management?

delivery date variance - Overview

• Component: MM

• Component Name: Materials Management

• Description: The difference between the desired delivery date and the actual delivery date.

delivery date variance - Details

• 
  Key Concepts: 
  Delivery date variance is a term used in SAP Materials Management (MM) to describe the difference between the expected delivery date of a material and the actual delivery date. It is calculated by subtracting the expected delivery date from the actual delivery date. 
  
  How to use it: 
  In SAP MM, delivery date variance can be used to monitor the performance of vendors and suppliers. It can also be used to identify any delays in the supply chain and take corrective action. 
  
  Tips & Tricks: 
  It is important to monitor delivery date variance on a regular basis in order to ensure that vendors and suppliers are meeting their commitments. Additionally, it is important to set realistic expectations for delivery dates in order to avoid unnecessary delays. 
  
  Related Information: 
  Delivery date variance is closely related to other terms such as lead time, on-time delivery, and order fulfillment rate. Additionally, it is important to understand how these terms interact with each other in order to effectively manage the supply chain.