What is 'consumed forecast quantity' in SAP SRD-SCM-SCP - SCM-Supply Chain Planning and Control?

consumed forecast quantity - Overview

• Component: SRD-SCM-SCP

• Component Name: SCM-Supply Chain Planning and Control

• Description: The amount of the forecast that has been reduced by actual demand in supply planning.

consumed forecast quantity - Details

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  Key Concepts: 
  Consumed forecast quantity is a term used in SAP Supply Chain Planning and Control (SCM-SCP). It is the amount of material that has been consumed from the forecasted quantity. This quantity is used to calculate the remaining forecasted quantity and to determine the need for replenishment. 
  
  How to use it: 
  The consumed forecast quantity can be used to monitor the actual consumption of materials against the forecasted quantity. This helps to ensure that the right amount of materials are available when needed. It can also be used to identify any discrepancies between the actual consumption and the forecasted quantity. 
  
  Tips & Tricks: 
  It is important to regularly monitor the consumed forecast quantity in order to ensure that there is enough material available when needed. Additionally, it is important to compare the actual consumption with the forecasted quantity in order to identify any discrepancies. 
  
  Related Information: 
  The consumed forecast quantity is related to other terms such as planned order, safety stock, and reorder point. These terms are all used in SAP Supply Chain Planning and Control (SCM-SCP) and are important for managing inventory levels.