What is status management in SAP SCM-BAS-STM - Status Management?

SAP Term: status management

• Component: SCM-BAS-STM

• Component Name: Status Management

• Description: Processing management of objects delivery document, for example in Supply Chain Management. A status mirrors, in compressed form, the processing run of an object. More than one status can be active at one time. The current statuses or the combination of the current statuses of an object control the execution of system or user activities.

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• Key Concepts: 
  Status management is a component of SAP Supply Chain Management (SCM) that allows users to track and manage the status of materials, orders, and other objects. It provides a comprehensive overview of the current status of all objects in the system, allowing users to quickly identify any issues or delays. It also allows users to set up rules and notifications for when certain statuses are reached, so that users can be alerted when an object reaches a certain status. 
  
  How to use it: 
  Status management can be used to track the progress of materials, orders, and other objects throughout the supply chain. It provides an overview of the current status of all objects in the system, allowing users to quickly identify any issues or delays. Users can also set up rules and notifications for when certain statuses are reached, so that they can be alerted when an object reaches a certain status. 
  
  Tips & Tricks: 
  When setting up rules and notifications for status management, it is important to ensure that they are set up correctly so that users are alerted when an object reaches a certain status. Additionally, it is important to ensure that all statuses are accurately tracked in order to provide an accurate overview of the current status of all objects in the system. 
  
  Related Information: 
  For more information on status management in SAP SCM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SCM_BAS_STM/7.5/en-US