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Component: SRD-SCM-DP
Component Name: SCM-Demand Planning
Description: The product, date, and location information about the company's past and current transactions. This information is used to predict future demand.
Key Concepts: Actual data is the data that is collected from the actual operations of a business. This data is used to measure the performance of a business and to make decisions about future operations. In SAP, actual data is used in the Demand Planning component of SCM (Supply Chain Management) to help forecast future demand and plan for supply chain operations. How to use it: Actual data can be used in SAP Demand Planning to create forecasts and plan for supply chain operations. The actual data can be used to create a baseline forecast, which can then be adjusted based on external factors such as market trends or customer demand. The actual data can also be used to compare actual performance against the forecasted performance, allowing for more accurate forecasting in the future. Tips & Tricks: When using actual data in SAP Demand Planning, it is important to ensure that the data is up-to-date and accurate. This will help ensure that the forecasts are as accurate as possible. Additionally, it is important to consider external factors when creating forecasts, as these can have a significant impact on the accuracy of the forecast. Related Information: For more information on using actual data in SAP Demand Planning, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SRD-SCM-DP/latest/en-US/f9f8d7a2b3e14c8a9f3d7c2b6f5e4d1a.html