What is consumption type in SAP SCM-APO-FCS - Demand Planning?

SAP Term: consumption type

• Component: SCM-APO-FCS

• Component Name: Demand Planning

• Description: Specifies how forecast consumption is carried out technically. There are three options: Online consumption QRFC consumption Background consumption

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• Key Concepts: 
  Consumption type is a feature of SAP's SCM-APO-FCS Demand Planning component. It is used to define the way in which demand is calculated for a particular product or item. Consumption types are used to determine the amount of demand that should be forecasted for a given item, and can be based on historical sales data, customer orders, or other factors. 
  
  How to use it: 
  In order to use consumption type in SAP's SCM-APO-FCS Demand Planning component, you must first define the consumption type for each item. This can be done by selecting the appropriate option from the drop-down menu in the Consumption Type field. Once the consumption type has been defined, it can be used to calculate the demand for that item. 
  
  Tips & Tricks: 
  When defining a consumption type for an item, it is important to consider the various factors that may affect demand for that item. For example, if an item is seasonal, then a seasonal consumption type should be used. Additionally, if an item is subject to promotional discounts or other factors that may affect demand, then these should also be taken into account when selecting a consumption type. 
  
  Related Information: 
  For more information on using consumption types in SAP's SCM-APO-FCS Demand Planning component, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials and examples of how to use consumption types in SAP's SCM-APO-FCS Demand Planning component.