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

SAP Term: offset

• Component: SRD-SCM-SCP

• Component Name: SCM-Supply Chain Planning and Control

• Description: The period of time between when a document is created and when the related process begins.

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• Key Concepts: 
  Offset is a term used in SAP Supply Chain Planning and Control (SCM-SCP) to refer to the difference between the planned and actual values of a given item. It is used to measure the accuracy of the planning process and can be used to identify areas where improvements can be made. 
  
  How to use it: 
  Offset is calculated by subtracting the actual value from the planned value. For example, if the planned quantity of an item is 100 and the actual quantity is 90, then the offset would be 10. This offset can then be used to identify areas where improvements can be made in order to better align the planned and actual values. 
  
  Tips & Tricks: 
  It is important to keep track of offsets over time in order to identify trends and patterns that may indicate areas for improvement. Additionally, it is important to consider other factors such as demand, supply, and cost when analyzing offsets in order to get a more complete picture of the planning process. 
  
  Related Information: 
  Offset is closely related to other terms such as variance, which measures the difference between two values, and forecast accuracy, which measures how close a forecast is to its actual value. Additionally, offset can be used in conjunction with other metrics such as inventory turns and lead time in order to gain a better understanding of the overall performance of a supply chain.