What is shelf life in SAP (SCM-APO-MD - Master Data)?

SAP Term: shelf life

• Component: SCM-APO-MD

• Component Name: Master Data

• Description: The period for which the product can be used for production or trade. In contrast to the total shelf life, it does not include the maturation time.

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• Key Concepts: 
  Shelf life is a term used in SAP SCM-APO-MD Master Data to refer to the amount of time a product can be stored before it expires. It is used to ensure that products are not kept in storage for too long and are sold before their expiration date. 
  
  How to use it: 
  In SAP SCM-APO-MD Master Data, shelf life is set up by entering the expiration date of the product into the system. This expiration date will then be used to calculate the shelf life of the product. The system will then alert users when the shelf life of a product is about to expire, so that they can take action to prevent it from expiring. 
  
  Tips & Tricks: 
  It is important to keep track of shelf life in SAP SCM-APO-MD Master Data, as expired products can lead to customer dissatisfaction and lost revenue. To ensure that products do not expire before they are sold, it is important to regularly check the expiration dates of products and take action if necessary. 
  
  Related Information: 
  In addition to shelf life, SAP SCM-APO-MD Master Data also allows users to track other important information about products, such as their production date, batch number, and lot number. This information can be used to ensure that products are stored and sold in accordance with regulations and customer requirements.