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Component: SCM-APO-MD
Component Name: Master Data
Description: Time that goods remain at a transshipment location before being transported further. The goods wait time is not relevant to the perishability of goods, but is used to avoid goods lying idle at locations for long periods of time during transportation.
Key Concepts: Goods wait time is a term used in SAP's Supply Chain Management (SCM) Advanced Planner and Optimizer (APO) module. It is the amount of time that goods are expected to wait before they can be shipped from the supplier to the customer. This time is calculated based on the lead time of the supplier, the delivery time of the customer, and any other factors that may affect the delivery of goods. How to use it: Goods wait time can be used to determine when goods should be ordered from a supplier and when they should be delivered to a customer. This information can then be used to plan and optimize supply chain operations. The goods wait time can also be used to calculate inventory levels, as it helps to determine how much inventory should be kept on hand in order to meet customer demand. Tips & Tricks: When calculating goods wait time, it is important to consider any external factors that may affect the delivery of goods. This includes weather conditions, traffic delays, and other unexpected events that could delay the delivery of goods. It is also important to consider any additional costs associated with the delivery of goods, such as shipping costs or customs fees. Related Information: Goods wait time is an important concept in SAP's SCM-APO-MD Master Data module. Other related concepts include lead time, delivery time, inventory levels, and supply chain optimization.