What is source of demand in SAP (SRD-SCM-SCP - SCM-Supply Chain Planning and Control)?

SAP Term: source of demand

• Component: SRD-SCM-SCP

• Component Name: SCM-Supply Chain Planning and Control

• Description: The origin of the demand for a product or component. Demand can come from a sales order, a forecast, or from an intercompany need.

AnswerBot for ERP

• Key Concepts: 
  Source of demand is a term used in SAP Supply Chain Planning and Control (SCM-SCP) to refer to the origin of a demand for a product or service. It can be an external source, such as a customer order, or an internal source, such as a production plan. The source of demand is used to determine the quantity and timing of the demand. 
  
  How to use it: 
  In SAP SCM-SCP, the source of demand is used to create a demand plan. This plan is used to determine the quantity and timing of the demand for a product or service. The source of demand can be an external source, such as a customer order, or an internal source, such as a production plan. The demand plan is then used to create a supply plan that will meet the demand. 
  
  Tips & Tricks: 
  When creating a demand plan in SAP SCM-SCP, it is important to accurately identify the source of demand. This will ensure that the supply plan created will meet the actual demand for the product or service. Additionally, it is important to consider any potential changes in the source of demand over time, as this could affect the supply plan. 
  
  Related Information: 
  SAP SCM-SCP also includes other features related to source of demand, such as forecasting and inventory optimization. These features can help ensure that the supply plan created meets the actual demand for the product or service. Additionally, SAP SCM-SCP includes features that can help manage inventory levels and optimize supply chain operations.