What is 'causal factor' in SAP IS-R-DM - Demand Management?

causal factor - Overview

• Component: IS-R-DM

• Component Name: Demand Management

• Description: A circumstance that influences forecasts. &Example& Promotional lift Price elasticity Availability

causal factor - Details

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  Key Concepts: 
  Causal factor is a term used in SAP Demand Management (IS-R-DM) to describe the underlying cause of a demand. It is used to identify the source of a demand and can be used to analyze and forecast future demand. 
  
  How to use it: 
  In SAP Demand Management, causal factors are used to identify the source of a demand. This can be done by analyzing the data associated with the demand and determining what factors are influencing it. For example, if a company is experiencing an increase in demand for a product, they can use causal factors to identify what is driving that increase. 
  
  Tips & Tricks: 
  When using causal factors in SAP Demand Management, it is important to consider all possible factors that could be influencing the demand. This includes external factors such as economic conditions, as well as internal factors such as changes in product pricing or marketing campaigns. 
  
  Related Information: 
  SAP Demand Management also includes other features such as forecasting and inventory management that can help companies better understand and manage their demand. Additionally, SAP offers a range of analytics tools that can be used to analyze and visualize data associated with causal factors.