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Component: SRD-MD-PRD
Component Name: FDN-Product Master
Description: The number of planning units of measure below which the stock level must fall to trigger the creation of planning proposals.
Key Concepts: Reorder point quantity is a term used in SAP's Product Master Data component. It is the quantity of a product that triggers an order to replenish the stock. This quantity is determined by the user and is based on the average demand for the product. How to use it: The reorder point quantity can be set in the Product Master Data component of SAP. This can be done by navigating to the “Product Master Data” tab, selecting the product, and then entering the desired reorder point quantity in the “Reorder Point Quantity” field. Tips & Tricks: When setting the reorder point quantity, it is important to consider the average demand for the product. Setting a reorder point quantity that is too low may result in frequent orders, while setting it too high may result in stockouts. Related Information: The reorder point quantity is closely related to other terms such as safety stock and maximum stock level. Safety stock is an additional amount of stock that is kept on hand to prevent stockouts, while maximum stock level is the maximum amount of stock that can be held at any given time.