Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this unit.

Inventory planners take care of the following processes:

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Designing the inventory planning processes, characterizing the inventory optimization technology, controlling the results of the process in terms of inventory, considering working capital implications and ensuring supply chain reliability.

Calculate forecast and supply quantities.

How can you activate a forecast error calculation within SAP IBP for inventory?

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Through the cloud integration adapter.

Via SAP IBP Real-Time Integration.

Through the Excel UI and the Applications Job App.

What does SAP IBP for inventory calculate?

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Provide master data for inventory calculations as lead time, lead time variance, and lot sizes.

Calculate inventory parameters as: recommended safety stock, target inventory position, reorder point, and target service level.

Delivers forecast and the forecast coefficient of variance.

What is demand variability in this context?

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This is the measure of demand fluctuations over time.

A unit of measure to convert prices, currencies and international unit of measures.

Neither of these options.

What are the common five steps within a sales and operations process?

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Review, demand planning, supply execution, operations, and execution.

Machine review, portfolio review, demand review, operational sales and operations, and executive machines and resources.

Product review, demand review, supply review, operational sales and operations, and executive sales and operations.

How can we handle historical data before we optimize with SAP IBP for inventory?

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Via ad hoc formulas in Excel.

Through missing data recognition, via outlier detection, and through forecast bias identification.

We do not need to handle the data because the data is always right.

Which three groups describe the demand characterization?

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Unrealistic, non-existent, and inconsistent demand.

Imaginary, obsolete, and impossible demand.

Frequent demand, intermittent demand, and seasonal demand.

Which are three functionalities, supported by SAP IBP for inventory, which are not present within the SAP IBP for sales and operations module?

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Single-stage inventory optimizer; multi-echelon (multistage) inventory optimization, and inventory break down.

Advanced statistical forecast, demand sensing, and product life cycle management.

Strategic decoupling, simple statistical forecast, and sales input consolidations.

What is an ABC/XYZ Analysis?

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ABC/XZY segmentation is the prioritization of planning objects based on their relative importance.

ABC/XYZ segmentation is the classification of planning objects based on their demand volatility.

ABC/XYZ segmentation is the method of grouping planning objects based on the values of a selected key figure.

10.

What is a Time-series Analysis?

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If you are not sure about the nature of time-series data in your planning area, you can set the system to analyze the values of a selected input key figure based on predefined rules, and save the identified properties in the background. This process is called time-series analysis.

If you are sure about the nature of data, you do not need to analyze the values of a selected input key figure. This process is time-series analysis.