What is Planning Group in SAP SRD-SCM-MD - SCM-Master Data?

SAP Term: Planning Group

• Component: SRD-SCM-MD

• Component Name: SCM-Master Data

• Description: A work center view where you can group supply planning products into a hierarchy to enable supply planners take a structured approach to executing supply planning activities.

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• Key Concepts: 
  A Planning Group is a component of SAP's Supply Chain Management (SCM) Master Data module. It is used to group materials together for planning purposes. This allows for the creation of a single plan that can be used to manage multiple materials at once. The Planning Group also allows for the creation of different plans for different materials, allowing for more flexibility in planning. 
  
  How to use it: 
  The Planning Group can be used to create a single plan that can be used to manage multiple materials at once. This allows for the creation of different plans for different materials, allowing for more flexibility in planning. The Planning Group can also be used to assign different planning parameters to each material, such as lead times, safety stocks, and minimum order quantities. 
  
  Tips & Tricks: 
  When creating a Planning Group, it is important to consider the different materials that will be included in the group and how they will interact with each other. It is also important to consider the different planning parameters that will need to be assigned to each material in order to ensure that the plan is effective and efficient. 
  
  Related Information: 
  For more information on SAP's Supply Chain Management (SCM) Master Data module and how to use the Planning Group component, please refer to SAP's official documentation or contact your local SAP representative.