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

SAP Term: Planning Supply

• Component: SRD-SCM-SCP

• Component Name: SCM-Supply Chain Planning and Control

• Description: A process that enables a supply planner to carry out material and capacity planning. It provides the planner with an up-to-date overview of the demand and supply situation for a product or product specification and supply planning area combination.

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• Key Concepts: 
  Planning Supply Component (PSC) is a part of SAP's Supply Chain Management (SCM) module. It is used to plan and manage the supply chain of a company. It helps to optimize the supply chain by providing visibility into the entire supply chain process, from demand forecasting to inventory management. It also helps to identify potential risks and opportunities in the supply chain. 
  
  How to use it: 
  The Planning Supply Component can be used to create a demand forecast, which can be used to plan for future production and inventory levels. It can also be used to monitor and analyze the performance of the supply chain, as well as identify potential risks and opportunities. Additionally, it can be used to create and manage supplier relationships, as well as optimize the supply chain for cost savings. 
  
  Tips & Tricks: 
  When using the Planning Supply Component, it is important to ensure that all data is accurate and up-to-date. Additionally, it is important to regularly review the performance of the supply chain in order to identify any potential risks or opportunities. Finally, it is important to establish strong relationships with suppliers in order to ensure that the supply chain runs smoothly. 
  
  Related Information: 
  The Planning Supply Component is part of SAP's SCM module, which also includes modules such as Inventory Management, Warehouse Management, and Transportation Management. Additionally, SAP offers a range of other solutions that can be used in conjunction with the Planning Supply Component, such as Advanced Planning & Optimization (APO) and Extended Warehouse Management (EWM).