What is 'automated planning' in SAP SRD-SCM-DP - SCM-Demand Planning?

automated planning - Overview

• Component: SRD-SCM-DP

• Component Name: SCM-Demand Planning

• Description: The process and procedures used to automatically perform planning functions such as rolling planning periods, running statistical forecasting, and releasing demand forecasts.

automated planning - Details

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  Key Concepts: 
  Automated planning is a feature of SAP's Demand Planning component that enables users to automatically generate and adjust plans based on historical data and current market conditions. It uses advanced algorithms to create plans that are tailored to the user's specific needs. Automated planning can help users save time and resources by eliminating manual planning processes.
  
  How to use it: 
  To use automated planning, users must first set up their demand planning parameters, such as the forecast horizon, the forecast accuracy, and the forecast method. Once these parameters are set, users can then generate a plan using the automated planning feature. The plan will be generated based on the user's parameters and will be adjusted as needed based on current market conditions.
  
  Tips & Tricks: 
  When setting up automated planning parameters, it is important to consider the accuracy of the forecast and the length of the forecast horizon. It is also important to consider how often the plan should be updated in order to ensure that it is always up-to-date with current market conditions. Additionally, users should take into account any external factors that may affect their demand planning, such as seasonality or changes in customer demand.
  
  Related Information: 
  For more information about automated planning in SAP's Demand Planning component, please refer to SAP's official documentation or contact your local SAP representative. Additionally, there are many