What is requirement priority in SAP MM - Materials Management?

SAP Term: requirement priority

• Component: MM

• Component Name: Materials Management

• Description: Overall priority of a material requirement determined from the requirement urgency group and the organizational priority.

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• Key Concepts: 
  Requirement priority is a feature in SAP Materials Management (MM) that allows users to prioritize the requirements of materials and services. This feature helps users to manage their inventory and ensure that the most important requirements are fulfilled first. It also helps to reduce the risk of stock-outs and delays in fulfilling orders. 
  
  How to use it: 
  In SAP MM, requirement priority can be set for each material or service requirement. The priority can be set as either high, medium, or low. High priority requirements are fulfilled first, followed by medium and then low priority requirements. The priority can be changed at any time depending on the user’s needs. 
  
  Tips & Tricks: 
  It is important to set the correct priority for each requirement in order to ensure that the most important requirements are fulfilled first. It is also important to regularly review and update the priority of requirements as needed. 
  
  Related Information: 
  For more information on requirement priority in SAP MM, please refer to the official SAP documentation here: https://help.sap.com/viewer/6b94445c94ae495c83a19646e7c3fd56/7.5.3/en-US/f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9.html