What is historical value markings in SAP SCM-APO-FCS - Demand Planning?

SAP Term: historical value markings

• Component: SCM-APO-FCS

• Component Name: Demand Planning

• Description: A set of historical values to be used in conjunction with outlier correction. The values to be included in the outlier correction function are selected, and these selections are saved in the database as a time series. If the selected values lie outside the tolerance lane, they are corrected before the forecast is carried out. The demand planner can set the selections either in the univariate forecast profile or in interactive planning.

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• Key Concepts: 
  Historical value markings are used in SAP SCM-APO-FCS Demand Planning to identify the values of a certain characteristic that have been used in the past. This allows for the system to recognize and use these values in the future, making it easier to plan and forecast demand. 
  
  How to use it: 
  Historical value markings can be used in SAP SCM-APO-FCS Demand Planning by setting up a characteristic with a certain value. This value will then be marked as a historical value, allowing the system to recognize and use it in the future. This can be done by selecting the “Mark as Historical Value” option when setting up the characteristic. 
  
  Tips & Tricks: 
  When setting up historical value markings, it is important to ensure that all relevant values are marked as historical values. This will ensure that the system is able to recognize and use these values in the future, making it easier to plan and forecast demand. 
  
  Related Information: 
  For more information on historical value markings in SAP SCM-APO-FCS Demand Planning, please refer to the official SAP documentation.