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

planning period - Overview

• Component: SRD-SCM-DP

• Component Name: SCM-Demand Planning

• Description: An amount of time in the future used for planning. A planning period has a specific start time and end time.

planning period - Details

• 
  Key Concepts: 
  A planning period is a time frame used in SAP Demand Planning to define the length of a planning cycle. It is used to determine the frequency of data collection and forecasting activities. The planning period is typically set to a month, quarter, or year. 
  
  How to use it: 
  In SAP Demand Planning, the planning period is set in the “Planning Periods” tab of the “Planning Cycle” screen. Here, you can define the start and end dates of each planning period, as well as the frequency of data collection and forecasting activities. 
  
  Tips & Tricks: 
  It is important to choose a planning period that best fits your business needs. For example, if you need more frequent data collection and forecasting activities, you may want to set the planning period to a month or quarter. 
  
  Related Information: 
  For more information on setting up a planning period in SAP Demand Planning, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SRD-SCM-DP/SCM-DP/en-US/f9f3d7a8b2e14c8a9f3d7a8b2e14c8a9.html