What is stock overage in SAP SCM-APO-ANA - APO Analytics?

SAP Term: stock overage

• Component: SCM-APO-ANA

• Component Name: APO Analytics

• Description: The quantity or percentage by which the stock exceeds the safety stock or target stock level.

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• Key Concepts: 
  Stock overage is a term used in SAP's Advanced Planner and Optimizer (APO) Analytics component. It refers to the amount of stock that is held in excess of the amount that is needed to meet customer demand. This excess stock can be caused by inaccurate forecasting, incorrect inventory levels, or other factors. 
  
  How to use it: 
  In order to use stock overage, you must first identify the source of the excess stock. This can be done by analyzing historical data and forecasting future demand. Once the source has been identified, you can then take steps to reduce the amount of excess stock. This could include adjusting inventory levels, improving forecasting accuracy, or implementing other strategies. 
  
  Tips & Tricks: 
  It is important to monitor stock overage on a regular basis in order to ensure that it does not become excessive. Additionally, it is important to take steps to reduce stock overage as soon as possible in order to avoid unnecessary costs associated with holding excess inventory. 
  
  Related Information: 
  For more information on SAP's Advanced Planner and Optimizer (APO) Analytics component, please visit the SAP website at https://www.sap.com/products/advanced-planner-and-optimizer-analytics.html. Additionally, there are many resources available online that provide tips and tricks for reducing stock overage and improving inventory management.