What is planned consumption in SAP (MM-IM - Inventory Management)?

SAP Term: planned consumption

• Component: MM-IM

• Component Name: Inventory Management

• Description: The difference between total consumption and unplanned consumption. Planned consumption is updated if goods are withdrawn from stock based on a reservation. Unplanned consumption is updated if goods are withdrawn without a reservation.

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• Key Concepts: 
  Planned consumption is a feature of SAP Inventory Management (MM-IM) that allows users to plan and manage the consumption of materials in a production process. It enables users to forecast the amount of material needed for a production order, and to adjust the amount of material consumed based on actual production results. 
  
  How to use it: 
  Planned consumption can be used in two ways: as a planning tool, or as an actual consumption tool. As a planning tool, it can be used to forecast the amount of material needed for a production order. As an actual consumption tool, it can be used to adjust the amount of material consumed based on actual production results. 
  
  Tips & Tricks: 
  When using planned consumption, it is important to ensure that the planned quantity is accurate and up-to-date. This will help ensure that the right amount of material is available for production orders. Additionally, it is important to monitor actual consumption and adjust the planned quantity accordingly. 
  
  Related Information: 
  For more information about planned consumption in SAP Inventory Management (MM-IM), please refer to the SAP Help Portal or contact your local SAP support team.