What is planning procedure in SAP SRD-SCM-SCP - SCM-Supply Chain Planning and Control?

SAP Term: planning procedure

• Component: SRD-SCM-SCP

• Component Name: SCM-Supply Chain Planning and Control

• Description: The method used to plan for products within the company. The planning procedure can either be consumption-based based on a reorder point or demand-driven based on demand forecasts and sales orders.

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• Key Concepts: 
  A planning procedure is a set of rules used to define the sequence of steps and activities that are necessary to create a plan in SAP Supply Chain Planning and Control. It is used to determine the order in which the planning functions are executed, as well as the parameters that are used for each function. 
  
  How to use it: 
  The planning procedure is used to define the sequence of steps and activities that are necessary to create a plan. It can be used to define the order in which the planning functions are executed, as well as the parameters that are used for each function. The planning procedure can also be used to define the data sources that are used for each step in the planning process. 
  
  Tips & Tricks: 
  When creating a planning procedure, it is important to consider the order in which the planning functions should be executed. This will ensure that all of the necessary data is available for each step in the process. Additionally, it is important to consider which parameters should be used for each function, as this will affect the accuracy of the plan. 
  
  Related Information: 
  For more information on creating and using a planning procedure in SAP Supply Chain Planning and Control, please refer to SAP Help documentation. Additionally, there are many online resources available that provide detailed instructions on how to create and use a planning procedure.