What is driver type in SAP SCM-IBP - Integrated Business Planning?

SAP Term: driver type

• Component: SCM-IBP

• Component Name: Integrated Business Planning

• Description: A master data type used in driver-based planning that represents a type of a driver. For example, a risk or an opportunity can be a driver type.

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• Key Concepts: 
  Driver type is a feature of SAP Integrated Business Planning (IBP) that allows users to define the type of driver that will be used to calculate the forecast. Drivers are used to determine the forecast based on historical data, such as sales, demand, and supply. Driver types can be either static or dynamic. Static drivers use a fixed value for the forecast, while dynamic drivers use a variable value that is based on the current market conditions. 
  
  How to Use It: 
  To use driver type in SAP IBP, users must first define the type of driver they want to use. This can be done by selecting either static or dynamic from the drop-down menu in the driver type field. Once the driver type has been selected, users can then enter the values for the forecast calculation. For static drivers, this will be a fixed value, while for dynamic drivers, this will be a variable value based on current market conditions. 
  
  Tips & Tricks: 
  When selecting a driver type for SAP IBP, it is important to consider the accuracy of the forecast. Static drivers are generally more accurate than dynamic drivers as they use a fixed value for the forecast calculation. However, dynamic drivers can provide more flexibility as they can be adjusted based on changing market conditions. 
  
  Related Information: 
  For more information about driver types in SAP IBP, please refer to the official documentation available on SAP's website. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use driver types in SAP IBP.