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

SAP Term: time series data management

• Component: SCM-BAS

• Component Name: SCM Basis

• Description: Module in for storing and recalling time series data.

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• Key Concepts: 
  Time series data management is a component of SAP SCM Basis that enables users to store and manage time-based data. This data can be used to analyze trends, forecast future events, and make decisions based on past performance. Time series data management allows users to store and manage data from multiple sources, including external sources such as weather or market data. 
  
  How to use it: 
  Time series data management can be used to store and manage time-based data from multiple sources. This data can be used to analyze trends, forecast future events, and make decisions based on past performance. The component also allows users to create custom reports and dashboards to visualize the data. 
  
  Tips & Tricks: 
  When using time series data management, it is important to ensure that the data is accurate and up-to-date. Additionally, it is important to ensure that the data is stored in a secure environment to protect it from unauthorized access. 
  
  Related Information: 
  Time series data management is related to other components of SAP SCM Basis such as demand forecasting, inventory optimization, and supply chain analytics. Additionally, time series data management can be used in conjunction with other SAP components such as SAP HANA or SAP BusinessObjects for further analysis and reporting.