What is characteristic valuation in SAP QM - Quality Management?

SAP Term: characteristic valuation

• Component: QM

• Component Name: Quality Management

• Description: A decision to accept or reject an inspection characteristic, based on the inspection result.

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• Key Concepts: 
  Characteristic valuation is a Quality Management (QM) component in SAP that allows users to assign values to characteristics of a material. This helps to ensure that the material meets the required quality standards. Characteristic valuation also allows users to track the quality of materials over time. 
  
  How to use it: 
  In order to use characteristic valuation, users must first define the characteristics of the material they are evaluating. This includes defining the type of characteristic (e.g. numerical, text, etc.), the value range, and any other relevant information. Once the characteristics have been defined, users can assign values to them. These values can then be used to evaluate the quality of the material. 
  
  Tips & Tricks: 
  When defining characteristics for characteristic valuation, it is important to ensure that they are as specific as possible. This will help ensure that the values assigned are accurate and meaningful. Additionally, it is important to keep track of any changes made to the characteristics over time, as this can affect the accuracy of the evaluation. 
  
  Related Information: 
  Characteristic valuation is closely related to other Quality Management components such as inspection plans and sampling procedures. It is important to understand how these components interact in order to ensure that materials meet quality standards. Additionally, it is important to understand how characteristic valuation interacts with other SAP modules such as Materials Management and Production Planning in order to ensure that materials are properly tracked and evaluated throughout their lifecycle.