What is procurement lead time in SAP SRD-MD-PRD - FDN-Product Master?

SAP Term: procurement lead time

• Component: SRD-MD-PRD

• Component Name: FDN-Product Master

• Description: The amount of time needed for the procurement of a material. The procurement lead time is taken into consideration when checking availability.

Smart SAP Assistant

• Key Concepts: 
  Procurement lead time is the amount of time it takes for a company to purchase a product from a supplier. It is an important factor in the supply chain process, as it affects the availability of products and the cost of production. In SAP, procurement lead time is managed through the SRD-MD-PRD FDN-Product Master component. 
  
  How to use it: 
  The SRD-MD-PRD FDN-Product Master component allows users to set up and manage procurement lead times for each product. This includes setting up the lead time for each supplier, as well as setting up any additional lead times that may be required for specific products. The component also allows users to track and monitor procurement lead times, so that they can ensure that their supply chain is running smoothly. 
  
  Tips & Tricks: 
  It is important to keep track of procurement lead times in order to ensure that products are available when needed. It is also important to ensure that the lead times are accurate, as this can affect the cost of production and the availability of products. Additionally, it is important to keep track of any changes in lead times, as this can affect the supply chain process. 
  
  Related Information: 
  Procurement lead time is an important part of the supply chain process, and it is important to understand how it works in order to ensure that products are available when needed. Additionally, understanding how procurement lead time works in SAP can help companies optimize their supply chain processes and reduce costs.