What is consensus demand plan in SAP SCM-IBP-DM - Demand?

SAP Term: consensus demand plan

• Component: SCM-IBP-DM

• Component Name: Demand

• Description: A demand plan approved by the management after being aligned with various stakeholders finance, sales, and marketing.

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• Key Concepts: 
  Consensus Demand Plan is a feature of SAP's Supply Chain Management - Integrated Business Planning - Demand Planning (SCM-IBP-DM) component. It is a collaborative planning process that allows multiple stakeholders to come together and agree on a single demand plan. This plan is based on the collective input of all stakeholders, and is used to drive the supply chain planning process. 
  
  How to use it: 
  The Consensus Demand Plan feature allows users to create a single demand plan that takes into account the input of multiple stakeholders. This plan can then be used as the basis for supply chain planning. The process begins by creating a consensus demand plan template, which defines the parameters for the plan. Once the template is created, stakeholders can enter their input into the template, and the system will generate a single demand plan based on all of the inputs. 
  
  Tips & Tricks: 
  When creating a consensus demand plan, it is important to ensure that all stakeholders are included in the process. This will ensure that all perspectives are taken into account when creating the plan. Additionally, it is important to ensure that all stakeholders are aware of any changes made to the plan, as this will help ensure that everyone is on the same page when it comes to supply chain planning. 
  
  Related Information: 
  For more information on SAP's SCM-IBP-DM Demand Planning component and its Consensus Demand Plan feature, please refer to SAP's official documentation here: https://help.sap.com/viewer/product/SCM_IBP_DM/latest/en-US