What is expiration date in SAP SRD-SCM-MD - SCM-Master Data?

SAP Term: expiration date

• Component: SRD-SCM-MD

• Component Name: SCM-Master Data

• Description: The date after which an item, such as an identified stock or a product, is no longer valid and can no longer be used, consumed, or shipped.

Smart SAP Assistant

• Key Concepts: 
  Expiration date is a term used in SAP's SCM-Master Data component. It is the date on which a certain item or material will no longer be valid or usable. This date is usually set by the supplier and is used to ensure that the item or material is not used beyond its expiration date. 
  
  How to use it: 
  In SAP, expiration dates are set in the master data of the item or material. This can be done by entering the expiration date in the relevant field in the master data. The expiration date can then be used to determine when an item or material should be replaced or disposed of. 
  
  Tips & Tricks: 
  It is important to ensure that the expiration date is set correctly in order to avoid any issues with using expired items or materials. Additionally, it is important to keep track of expiration dates and plan ahead for when items or materials need to be replaced or disposed of. 
  
  Related Information: 
  Expiration dates are closely related to shelf life, which is the amount of time an item or material can remain usable before it needs to be replaced or disposed of. Additionally, expiration dates are also related to quality control, as expired items or materials may not meet quality standards and should not be used.