What is 'demand' in SAP MFG-LPO - SAP Lean Planning and Operations (SAP LPO)?

demand - Overview

• Component: MFG-LPO

• Component Name: SAP Lean Planning and Operations (SAP LPO)

• Description: The average number of units over the lookout period.

demand - Details

• 
  Key Concepts: 
  Demand in SAP LPO is the total amount of a product or service that customers are willing to purchase at a given price. It is the driving force behind the production and supply chain processes. Demand can be forecasted, planned, and managed in SAP LPO to ensure that the right amount of product is available at the right time. 
  
  How to use it: 
  In SAP LPO, demand can be managed by creating demand plans. Demand plans are used to forecast future demand and plan for production and supply chain activities. They can also be used to monitor actual demand against planned demand. This helps to identify any discrepancies between actual and planned demand, which can then be addressed accordingly. 
  
  Tips & Tricks: 
  When creating a demand plan in SAP LPO, it is important to consider factors such as seasonality, customer preferences, and market trends. This will help ensure that the demand plan is accurate and up-to-date. Additionally, it is important to regularly review and update the demand plan as needed in order to keep it accurate and up-to-date. 
  
  Related Information: 
  For more information on demand planning in SAP LPO, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_LEAN_PLANNING_AND_OPERATIONS/latest/en-US/f9f8d7a2b3e14c8a9f3d7c2b6f5e4d1a.html