What is absolute deviation in SAP SRD-SCM-SCP - SCM-Supply Chain Planning and Control?

SAP Term: absolute deviation

• Component: SRD-SCM-SCP

• Component Name: SCM-Supply Chain Planning and Control

• Description: The difference between the target value and the actual value.

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• Key Concepts: 
  Absolute deviation is a measure of the difference between the actual and planned values in SAP Supply Chain Planning and Control. It is calculated by subtracting the planned value from the actual value. The absolute deviation is expressed as a positive or negative number, depending on whether the actual value is higher or lower than the planned value. 
  
  How to use it: 
  Absolute deviation can be used to measure the performance of a supply chain. It can be used to identify areas where performance is not meeting expectations and to identify areas where improvements can be made. It can also be used to compare different supply chains and to identify areas where one supply chain is performing better than another. 
  
  Tips & Tricks: 
  When calculating absolute deviation, it is important to ensure that the planned and actual values are in the same units. This will ensure that the absolute deviation is an accurate measure of performance. Additionally, it is important to consider other factors that may affect performance, such as changes in demand or supply, when interpreting absolute deviation results. 
  
  Related Information: 
  Absolute deviation is related to other measures of performance, such as relative deviation and standard deviation. Relative deviation measures the difference between two values as a percentage, while standard deviation measures how much variation there is in a set of values.