What is planning material in SAP PP - Production Planning and Control?

SAP Term: planning material

• Component: PP

• Component Name: Production Planning and Control

• Description: A planning material is required in the planning strategy "planning with planning material." Non-variable parts for similar finished products can be planned using this strategy. The planning material is then assigned to the material master record of the finished products to plan. Planned independent requirements are created for the planning material. Incoming sales orders consume the planned independent requirements of the planning material.

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• Key Concepts: 
  Planning material is a type of material in SAP Production Planning and Control (PP) that is used to plan production activities. It is a virtual material that does not exist in the physical inventory, but is used to represent the planned production activities. It can be used to plan production orders, purchase orders, and other activities. 
  
  How to use it: 
  Planning materials are created in the SAP system and assigned to a material group. They can then be used to plan production orders, purchase orders, and other activities. The planning material can be used to track the progress of the planned activities and can be used to generate reports on the progress of the planned activities. 
  
  Tips & Tricks: 
  When creating planning materials, it is important to ensure that they are assigned to the correct material group so that they can be easily identified and tracked. It is also important to ensure that the planning materials are updated regularly so that they accurately reflect the current status of the planned activities. 
  
  Related Information: 
  For more information on planning materials in SAP PP, please refer to the SAP Help documentation or contact your local SAP support team.