What is master data record in SAP SCM-IBP - Integrated Business Planning?

SAP Term: master data record

• Component: SCM-IBP

• Component Name: Integrated Business Planning

• Description: An instance of a master data type.

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• Key Concepts: 
  A master data record is a type of data record in SAP SCM-IBP Integrated Business Planning that contains information about a particular item or entity. This information includes the item's name, description, price, and other relevant details. Master data records are used to store and manage the data associated with a particular item or entity. 
  
  How to use it: 
  Master data records can be used to store and manage the data associated with a particular item or entity. This data can then be used to create reports, analyze trends, and make decisions about the item or entity. Master data records can also be used to track changes in the item or entity over time. 
  
  Tips & Tricks: 
  When creating master data records, it is important to ensure that all relevant information is included. This will help ensure that the data is accurate and up-to-date. Additionally, it is important to keep the master data records organized so that they can be easily accessed and updated when needed. 
  
  Related Information: 
  Master data records are closely related to other types of data records in SAP SCM-IBP Integrated Business Planning such as customer records, supplier records, and inventory records. All of these types of records are used to store and manage different types of information related to a particular item or entity.