What is maximum lot size in SAP SRD-SCM-MD - SCM-Master Data?

SAP Term: maximum lot size

• Component: SRD-SCM-MD

• Component Name: SCM-Master Data

• Description: The upper limit of finished goods that can be produced in one order, using a production model.

Smart SAP Assistant

• Key Concepts: 
  Maximum lot size is a term used in SAP's Supply Chain Management (SCM) Master Data module. It is the maximum quantity of a product that can be produced or purchased in a single lot. This quantity is determined by the supplier or manufacturer and is used to control the amount of inventory that is kept on hand.
  
  How to use it: 
  The maximum lot size can be set in the SAP system by going to the SCM Master Data module and selecting the “Maximum Lot Size” option. This will open a window where you can enter the maximum quantity for each product. Once this is done, the system will automatically adjust the inventory levels accordingly.
  
  Tips & Tricks: 
  It is important to keep the maximum lot size up-to-date in order to ensure that inventory levels are accurate and that there are no shortages or overages. Additionally, it is important to consider the lead time for each product when setting the maximum lot size, as this will help ensure that there is enough inventory on hand when needed.
  
  Related Information: 
  The maximum lot size is closely related to other terms such as minimum order quantity, safety stock, and reorder point. All of these terms are used to help manage inventory levels and ensure that there are no shortages or overages. Additionally, they can be used to help reduce costs by ensuring that only the necessary amount of inventory is kept on hand.