What is master data in SAP SCM-SOP - Sales & Operations Planning?

SAP Term: master data

• Component: SCM-SOP

• Component Name: Sales & Operations Planning

• Description: Dimensions, multi-dimensional attributes for example, attributes of product-location-customer, and other entities such as bills of material and supply chain networks.

Smart SAP Assistant

• Key Concepts: 
  Master data is the core data that is used to define the characteristics of an object in SAP. In the context of Sales & Operations Planning (SOP), master data includes information such as customer and product data, which are used to define the parameters of a sales plan. 
  
  How to use it: 
  In order to use master data in SOP, it must first be created and maintained in the system. This can be done by entering the relevant information into the appropriate fields in the SAP system. Once this is done, the master data can be used to create a sales plan. 
  
  Tips & Tricks: 
  It is important to ensure that all master data is accurate and up-to-date, as this will ensure that the sales plan created is based on accurate information. Additionally, it is important to ensure that all relevant master data is included in the system, as this will ensure that all necessary parameters are taken into account when creating a sales plan. 
  
  Related Information: 
  For more information on how to create and maintain master data in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available which provide detailed tutorials on how to use master data in SOP.