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

SAP Term: Supply Planning

• Component: SRD-SCM-SCP

• Component Name: SCM-Supply Chain Planning and Control

• Description: A work center where you work with products, resources, exceptions, and customer demands to resolve issues that lead to an inefficient supply and demand match. The work center provides you with an overview of important planning aspects and details for decision-making and plan adjustment. Supply Planning is also a business package.

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• Key Concepts: 
  Supply Planning is a component of SAP's Supply Chain Management (SCM) module. It is used to plan and control the supply chain process, from procurement to delivery. It helps to optimize the supply chain by providing visibility into inventory levels, demand forecasts, and supplier performance. It also helps to identify potential risks and opportunities in the supply chain. 
  
  How to use it: 
  Supply Planning can be used to create a supply plan that takes into account customer demand, inventory levels, and supplier performance. It can also be used to monitor the performance of suppliers and identify potential risks or opportunities in the supply chain. The system can be used to generate reports that provide insights into the supply chain process. 
  
  Tips & Tricks: 
  When using Supply Planning, it is important to ensure that the data entered into the system is accurate and up-to-date. This will help ensure that the supply plan is accurate and reliable. Additionally, it is important to regularly review the supply plan and make adjustments as needed. 
  
  Related Information: 
  Supply Planning is part of SAP's SCM module, which also includes modules such as Demand Planning, Inventory Management, and Logistics Execution. Additionally, Supply Planning can be integrated with other SAP modules such as Materials Management (MM) and Sales & Distribution (SD).