What is off-hire in SAP TM-TRP - SAP Transportation Resource Planning?

SAP Term: off-hire

• Component: TM-TRP

• Component Name: SAP Transportation Resource Planning

• Description: To return a transportation resource, for example, a container, to the lessor at the end of a lease.

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• Key Concepts: 
  Off-hire is a term used in SAP Transportation Resource Planning (TM-TRP) to refer to the process of returning a leased vehicle or other transportation resource to its owner. This process is also known as de-hiring or de-leasing. It involves the termination of the lease agreement and the return of the vehicle or resource to its owner. 
  
  How to use it: 
  In SAP TM-TRP, off-hire is used to manage the return of leased vehicles and other transportation resources. The process begins with the termination of the lease agreement and ends with the return of the vehicle or resource to its owner. The off-hire process includes activities such as preparing the vehicle for return, scheduling its return, and ensuring that all necessary paperwork is completed. 
  
  Tips & Tricks: 
  When returning a leased vehicle or other transportation resource, it is important to ensure that all necessary paperwork is completed and that all relevant information is recorded accurately. Additionally, it is important to ensure that all necessary inspections are carried out before the vehicle or resource is returned. 
  
  Related Information: 
  For more information about off-hire in SAP TM-TRP, please refer to SAP Help documentation. Additionally, there are several online resources available which provide detailed information about off-hire processes in SAP TM-TRP.