What is excess demand in SAP IS-U-BI - Contract Billing?

SAP Term: excess demand

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Positive difference of the demand actually used and the demand agreed upon in the contract.

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• Key Concepts: 
  Excess demand is a term used in SAP IS-U-BI Contract Billing to describe the situation when the demand for a product or service exceeds the available supply. This can occur when there is an increase in demand for a product or service that cannot be met by the current supply. 
  
  How to use it: 
  In SAP IS-U-BI Contract Billing, excess demand is used to identify situations where the demand for a product or service exceeds the available supply. This can be used to identify potential areas of improvement in order to meet customer needs. 
  
  Tips & Tricks: 
  When dealing with excess demand, it is important to consider all potential solutions. This includes increasing production, reducing prices, and finding alternative sources of supply. It is also important to consider the impact of any changes on customer satisfaction and profitability. 
  
  Related Information: 
  Excess demand is closely related to supply and demand economics. Understanding how supply and demand works can help you better understand how to manage excess demand in SAP IS-U-BI Contract Billing. Additionally, understanding how pricing affects supply and demand can help you better manage excess demand in your business.