What is shortage analysis in SAP SCM-APO-SPP - Service Parts Planning?

SAP Term: shortage analysis

• Component: SCM-APO-SPP

• Component Name: Service Parts Planning

• Description: Reporting function in SPP that gives you a quick overview of critical situations such as a shortage of a product. Both you as supply chain analyst and your supplier can access this information so that you and your supplier can avoid possible critical situations or react to them immediately.

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• Key Concepts: 
  Shortage analysis is a feature of SAP SCM-APO-SPP Service Parts Planning that helps to identify and analyze potential shortages in the supply chain. It uses historical data to predict future demand and supply, and then compares the two to identify any potential shortages. It also provides recommendations on how to address these shortages. 
  
  How to use it: 
  To use shortage analysis, you first need to set up the system with the relevant data, such as historical demand and supply data. You can then run the analysis to identify any potential shortages. The system will provide recommendations on how to address these shortages, such as increasing production or sourcing from other suppliers. 
  
  Tips & Tricks: 
  It is important to ensure that the data used for the analysis is accurate and up-to-date. This will help ensure that the results of the analysis are reliable and can be used to make informed decisions. Additionally, it is important to regularly review the results of the analysis and take action where necessary. 
  
  Related Information: 
  Shortage analysis is just one of many features of SAP SCM-APO-SPP Service Parts Planning. Other features include demand forecasting, inventory optimization, and supplier management. All of these features can help improve supply chain efficiency and reduce costs.