What is 'lot' in SAP MP-APP-DPE - Dynamic Pricing Engine?

lot - Overview

• Component: MP-APP-DPE

• Component Name: Dynamic Pricing Engine

• Description: A number of units of an article or a parcel of articles offered as one item as in an auction sale. There are two main lot types: full lot or broken lot. These indicate whether or not line items can receive bids individually.

lot - Details

• 
  Key Concepts: 
  Lot is a term used in the SAP MP-APP-DPE Dynamic Pricing Engine to refer to a group of items that are sold together. It is used to define the quantity of items that are sold together and the price associated with them. 
  
  How to use it: 
  The lot size can be set up in the SAP system by defining the quantity of items that should be sold together and the associated price. This can be done by creating a new lot or editing an existing one. The lot size can also be changed at any time, allowing for flexibility in pricing. 
  
  Tips & Tricks: 
  When setting up lots, it is important to consider the quantity of items that will be sold together and the associated price. This will help ensure that the pricing is competitive and profitable. Additionally, it is important to keep track of changes in pricing over time to ensure that the pricing remains competitive. 
  
  Related Information: 
  The SAP MP-APP-DPE Dynamic Pricing Engine also allows for discounts and promotions to be applied to lots. This can help increase sales and profitability by offering customers incentives to purchase larger quantities of items. Additionally, it is possible to set up different pricing tiers for different customers or groups of customers, allowing for more targeted pricing strategies.