What is requirements plan in SAP PP-MP - Production Planning?

SAP Term: requirements plan

• Component: PP-MP

• Component Name: Production Planning

• Description: A record of the demand program in the system. The demand program contains the requirement quantities and dates for main assemblies and finished products in the form of planned independent requirements.

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• Key Concepts: 
  Requirements plan is a tool in the Production Planning and Material Planning (PP-MP) component of SAP that helps to plan and manage the production process. It is used to determine the necessary materials, components, and resources needed for production. It also helps to identify potential bottlenecks in the production process and to optimize the production process. 
  
  How to use it: 
  Requirements plan can be used to create a plan for the production process. This includes determining the necessary materials, components, and resources needed for production. It also helps to identify potential bottlenecks in the production process and to optimize the production process. The requirements plan can be used to create a detailed plan for each step of the production process. 
  
  Tips & Tricks: 
  When creating a requirements plan, it is important to consider all aspects of the production process. This includes determining the necessary materials, components, and resources needed for production as well as identifying potential bottlenecks in the production process. Additionally, it is important to consider any potential risks or issues that may arise during the production process. 
  
  Related Information: 
  The requirements plan is part of SAP's Production Planning and Material Planning (PP-MP) component. Other tools in this component include material requirements planning (MRP), capacity planning, and shop floor control. Additionally, SAP offers a variety of other tools that can be used to optimize the production process such as supply chain management (SCM) and enterprise resource planning (ERP).