What is requirement date in SAP SCM-IBP-RM - Response?

SAP Term: requirement date

• Component: SCM-IBP-RM

• Component Name: Response

• Description: The date at which a product or component is required for further use, for example, for production or shipment.

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• Key Concepts: 
  Requirement date is a term used in SAP's Supply Chain Management (SCM) and Integrated Business Planning (IBP) modules. It is the date by which a certain requirement must be fulfilled. This could be a customer order, a production plan, or any other type of requirement. 
  
  How to use it: 
  In SAP SCM and IBP, the requirement date is used to plan and manage the supply chain. It helps to ensure that all requirements are met on time and that the supply chain is running smoothly. The requirement date can be set manually or automatically based on customer orders, production plans, or other factors. 
  
  Tips & Tricks: 
  When setting the requirement date, it is important to consider the lead time for each step in the supply chain. This will help to ensure that all requirements are met on time and that the supply chain runs smoothly. 
  
  Related Information: 
  The requirement date is closely related to other terms such as delivery date, due date, and order date. It is also related to concepts such as inventory management, demand forecasting, and supply chain optimization.