What is component requirement date in SAP MM - Materials Management?

SAP Term: component requirement date

• Component: MM

• Component Name: Materials Management

• Description: The date on which the requested component is to be withdrawn from the warehouse or stores.

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• Key Concepts: 
  Component requirement date is a term used in SAP Materials Management (MM). It is the date when a component is required for production or delivery. This date is used to plan and manage the procurement of components and materials. 
  
  How to use it: 
  The component requirement date is used to determine when a component needs to be ordered or produced. This date is used to plan and manage the procurement of components and materials. The component requirement date can be set manually or automatically based on the production plan. 
  
  Tips & Tricks: 
  It is important to set the component requirement date accurately in order to ensure that components are available when needed. It is also important to monitor the component requirement date regularly in order to ensure that components are ordered or produced in time. 
  
  Related Information: 
  The component requirement date is related to other terms such as material requirements planning (MRP), production planning, and inventory management. It is also related to other SAP modules such as Production Planning (PP) and Inventory Management (IM).