What is range of coverage in SAP (SCM-FRE - Forecasting and Replenishment)?

SAP Term: range of coverage

• Component: SCM-FRE

• Component Name: Forecasting and Replenishment

• Description: Number of time periods according to the store/distribution center calendar for which the current stock is sufficient until zero stock is reached including the forecast and the expected goods receipts.

Smart SAP Assistant

• Key Concepts: 
  Range of coverage is a feature of the Forecasting and Replenishment component of SAP SCM. It allows users to define the range of products and locations that will be included in the forecasting and replenishment process. This range can be defined by product group, product type, product category, or any other criteria that is relevant to the user's business. 
  
  How to use it: 
  To use range of coverage, users must first define the criteria for which products and locations should be included in the forecasting and replenishment process. This can be done by selecting specific product groups, product types, or product categories. Once the criteria have been defined, users can then set up the range of coverage by assigning each product or location to a specific range. 
  
  Tips & Tricks: 
  When setting up range of coverage, it is important to consider how often the range needs to be updated. If the range is updated frequently, it may be beneficial to set up an automated process that will update the range on a regular basis. This will ensure that the range is always up-to-date and accurate. 
  
  Related Information: 
  Range of coverage is closely related to other features of SAP SCM such as demand planning and inventory optimization. These features can be used in conjunction with range of coverage to ensure that products and locations are accurately forecasted and replenished.