What is forecast delivery schedule horizon in SAP MM-PUR - Purchasing?

SAP Term: forecast delivery schedule horizon

• Component: MM-PUR

• Component Name: Purchasing

• Description: A time interval indicating which schedule lines form the basis for aggregation when forecast delivery schedules are generated against a scheduling agreement. The forecast delivery schedule horizon FRC horizon is determined on the basis of aggregation information in the release creation profile. &EXAMPLE& In a scheduling agreement in which schedule lines are maintained for over three years, a release creation profile can specify that J ust-in-Time JIT schedules are created and sent to the vendor daily in the first month starting from the current date, and forecast FRC schedules are sent weekly in the second month. The rest of the scheduling agreement validity period is beyond the forecast delivery schedule horizon. This means that although schedule lines may exist, no forecast delivery schedules are planned.

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• Key Concepts: 
  Forecast delivery schedule horizon is a feature in SAP MM-PUR Purchasing that allows users to plan and manage their purchasing activities. It enables users to define a time frame for the delivery of goods and services, and to monitor the progress of their orders. The horizon can be set for a specific period of time, such as one month or one year, or it can be set for an indefinite period of time. 
  
  How to use it: 
  To use the forecast delivery schedule horizon, users must first define the time frame for the delivery of goods and services. This can be done by setting a start date and an end date for the horizon. Once the time frame has been defined, users can then enter the details of their orders, such as the quantity, price, and delivery date. The system will then generate a forecast delivery schedule based on the information entered. 
  
  Tips & Tricks: 
  When setting up the forecast delivery schedule horizon, it is important to consider the lead times for each order. This will ensure that orders are delivered on time and that there are no delays in production or delivery. Additionally, it is important to review the forecast delivery schedule regularly to ensure that all orders are being fulfilled on time. 
  
  Related Information: 
  The forecast delivery schedule horizon is closely related to other features in SAP MM-PUR Purchasing, such as purchase requisitions and purchase orders. It is also related to other features in SAP, such as inventory management and material requirements planning (MRP).