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

SAP Term: requirement strategy

• Component: SRD-SCM-SCP

• Component Name: SCM-Supply Chain Planning and Control

• Description: A procedure used to define the behavior of the different requirement types and their relevance for the planned independent requirement consumption logic.

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• Key Concepts: 
  Requirement strategy is a feature of SAP Supply Chain Planning and Control (SCM-SCP) that allows users to define the way in which the system should calculate and manage material requirements. It is used to determine the most efficient way to meet customer demand while minimizing inventory costs. The requirement strategy can be set up to consider factors such as lead times, safety stock, and lot sizes. 
  
  How to use it: 
  To use the requirement strategy feature, users must first define the parameters for the strategy. This includes setting up the desired lead times, safety stock levels, and lot sizes. Once these parameters are set, the system will automatically calculate and manage material requirements based on these settings. 
  
  Tips & Tricks: 
  When setting up the requirement strategy, it is important to consider all relevant factors such as customer demand, lead times, and inventory costs. This will ensure that the system is able to accurately calculate and manage material requirements in an efficient manner. 
  
  Related Information: 
  For more information on setting up a requirement strategy in SAP SCM-SCP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.