What is time-series-based supply planning optimizer in SAP SCM-IBP-PLA - Planning Framework?

SAP Term: time-series-based supply planning optimizer

• Component: SCM-IBP-PLA

• Component Name: Planning Framework

• Description: An algorithm that calculates a cost-optimized production, distribution, and procurement plan for the supply chain network. The time-series-based supply planning optimizer can be run in the SAP IBP, add-in for Microsoft Excel. It is applied to order data that has been aggregated per time period.

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• Key Concepts: 
  Time-series-based supply planning optimizer is a component of the SAP SCM-IBP-PLA Planning Framework. It is a tool that helps to optimize the supply chain by using time-series data to create a forecast of future demand. This forecast can then be used to plan for the necessary resources and materials needed to meet that demand. The optimizer also takes into account any constraints or limitations that may affect the supply chain, such as budget, capacity, and availability of materials. 
  
  How to use it: 
  The time-series-based supply planning optimizer can be used to create a forecast of future demand based on historical data. This forecast can then be used to plan for the necessary resources and materials needed to meet that demand. The optimizer also takes into account any constraints or limitations that may affect the supply chain, such as budget, capacity, and availability of materials. The optimizer can also be used to identify potential risks and opportunities in the supply chain. 
  
  Tips & Tricks: 
  When using the time-series-based supply planning optimizer, it is important to ensure that the data used for forecasting is accurate and up-to-date. Additionally, it is important to consider any external factors that may affect the supply chain, such as changes in customer demand or changes in regulations. Finally, it is important to regularly review and update the forecast based on new information or changes in the environment. 
  
  Related Information: 
  The time-series-based supply planning optimizer is part of the SAP SCM-IBP-PLA Planning Framework. Other components of this framework include demand forecasting, inventory optimization, and production scheduling. Additionally, there are other tools available from SAP that can help with supply chain optimization, such as SAP Advanced Planning & Optimization (APO) and SAP Supply Chain Management (SCM).