What is Procurement Planning Order in SAP AP-SDM - SCM Supply and Demand Matching?

SAP Term: Procurement Planning Order

• Component: AP-SDM

• Component Name: SCM Supply and Demand Matching

• Description: A planned order for procuring materials that is to be placed with an external vendor. It defines the required quantities and availability dates.

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• Key Concepts: 
  Procurement Planning Order is a component of SAP's Supply and Demand Matching (SDM) module in the Advanced Planning and Scheduling (AP-SDM) suite. It is used to plan and manage the procurement of materials and services from external suppliers. The Procurement Planning Order helps to ensure that the right materials are available at the right time, in the right quantity, and at the right price. 
  
  How to use it: 
  The Procurement Planning Order is used to create a plan for procuring materials and services from external suppliers. It allows users to define the quantity, timing, and price of materials and services that need to be procured. The Procurement Planning Order also allows users to track the progress of their procurement activities, including any changes in price or delivery dates. 
  
  Tips & Tricks: 
  When creating a Procurement Planning Order, it is important to consider the availability of materials and services from external suppliers. It is also important to consider any potential delays in delivery or changes in price that may occur during the procurement process. 
  
  Related Information: 
  For more information on SAP's Supply and Demand Matching (SDM) module, please refer to SAP's official documentation: https://help.sap.com/viewer/product/SAP_APO_SDM/7.5/en-US