What is Planning Demand in SAP SRD-SCM-DP - SCM-Demand Planning?

SAP Term: Planning Demand

• Component: SRD-SCM-DP

• Component Name: SCM-Demand Planning

• Description: A process that allows you to create and maintain forecasts in a consistent hierarchy of different planning levels. It collects historical data by product to compute forecasts based on a selection of forecasting models. It also supports the execution of interactive periodic forecast demand planning, and handover of the forecast demand to supply planning.

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• Key Concepts: 
  Planning Demand is a component of SAP's Supply Chain Management (SCM) module. It is used to create and manage demand plans for products and services. It helps to forecast customer demand, plan production, and optimize inventory levels. It also provides visibility into the supply chain, enabling better decision-making. 
  
  How to use it: 
  Planning Demand can be used to create demand plans for products and services. It can be used to forecast customer demand, plan production, and optimize inventory levels. It also provides visibility into the supply chain, enabling better decision-making. 
  
  Tips & Tricks: 
  When using Planning Demand, it is important to ensure that the data used for forecasting is accurate and up-to-date. Additionally, it is important to consider external factors such as market trends and customer preferences when creating demand plans. 
  
  Related Information: 
  For more information on Planning Demand, please refer to the SAP Help Portal or contact your local SAP representative.