What is time series in SAP SCM-BAS - SCM Basis?

SAP Term: time series

• Component: SCM-BAS

• Component Name: SCM Basis

• Description: A group of numeric key figure values in sequential time periods, which are indicated by a combination of characteristics version, location, and product as well as, where necessary, another freely-definable characteristic such as the vendor.

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• Key Concepts: 
  Time series in SAP SCM Basis is a set of data points that are measured at regular intervals over a period of time. It is used to analyze trends and patterns in the data, and can be used to forecast future values. Time series can be used to track sales, inventory levels, customer satisfaction, and other key performance indicators. 
  
  How to use it: 
  Time series can be used in SAP SCM Basis to analyze trends and patterns in the data. To use time series, you must first define the time period for which you want to analyze the data. You can then use the time series analysis tools in SAP SCM Basis to view the data points over the specified time period. You can also use the tools to forecast future values based on the trends and patterns in the data. 
  
  Tips & Tricks: 
  When using time series in SAP SCM Basis, it is important to ensure that you are using accurate data points. Make sure that you are using up-to-date information when analyzing trends and patterns in the data. Additionally, it is important to consider any external factors that may affect the data points when forecasting future values. 
  
  Related Information: 
  For more information on time series in SAP SCM Basis, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use time series analysis tools in SAP SCM Basis.