What is need date in SAP MFG-ME - SAP Manufacturing Execution?

SAP Term: need date

• Component: MFG-ME

• Component Name: SAP Manufacturing Execution

• Description: For an order, the date that the material or assembly is required to be on hand and available in stock for consumption. An MRP program, if installed on your system, might use the need date as the due date for a planned order.

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• Key Concepts: 
  Need date is a term used in SAP Manufacturing Execution (MFG-ME) to refer to the date when a certain material or product is needed. It is used to plan and manage production activities and ensure that the right materials are available at the right time. 
  
  How to use it: 
  The need date is used to determine when a certain material or product should be produced or delivered. It is used to plan and manage production activities, such as scheduling, ordering, and inventory management. The need date can be set manually or automatically based on customer orders or other factors. 
  
  Tips & Tricks: 
  It is important to set the need date accurately in order to ensure that the right materials are available at the right time. It is also important to monitor the need date regularly and adjust it if necessary. 
  
  Related Information: 
  The need date is closely related to other terms such as lead time, delivery date, and due date. Lead time refers to the amount of time it takes for a product or material to be produced or delivered. Delivery date refers to the date when a product or material is expected to be delivered. Due date refers to the date when a product or material must be delivered.