Introduction:
Demand planning is the procedure of forecasting the demand for a product or service. So, it can be produced and delivered more proficiently and to the satisfaction of clients. Demand planning is considered a necessary step in supply chain and enables a company to project future demand planning and successfully customize the company’s output in effective manners.
Objective:
The objective of this blog is to explain and demonstrate the basic and advanced concepts of Demand Plan for Expiring Lots process. For this purpose, we have plans to replenish expiring stock so that there is no disruption to Production. Currently, SAP Supply Planning doesn’t consider the expiry date of inventory so that a future proposal is considered to have enough Supply even if the intended Raw Materials inventory is set to expire before the date of the proposal it is intended for.
Audience
Consultants/Business Users/Beginners
Enhancements for Demand Plan for Expiring Lots:
A Custom WorkCentre has been developed Demand Plan for Expiring Lots for this purpose to.
- Demand Plan for Expiring Lots
Process Flow and Views:
Navigate Supply Planning WorkCentre>>Go to Stock Overview>>Enter Product ID>> Enter Site ID>>Set Expiry Date>>Check Stock Overview of selected Product in given time period
Navigate Demand Plan Work Center>>Select Stock_Expiry_Month/Week>>Click on Scope Maintenance tab and add product that you have checked in stock overview>>Click on save and Close
Navigate Demand Plan For Expiring Lots Work Center>>Go to Demand Plan Run Setting>>Fill all required fields (Month/Week)>>Click on Save
Navigate Demand Plan for Expiring Lots Work Center>>Go to Demand Plan Information>>Check the product and stock including planning period which you have selected in last step
Navigate Demand Plan for Expiring Lots Work Center>>Go to Demand Plan Run>>Run Demand Plan For Expiring Lot
Navigate Demand Plan Work Center>>Select Stock_Expiry_Month/Week>>Click on Plan Tab>>Check the Planning period and Stock of the Product
I have tried to explain the process flow of Demand Plan for Expiring Lots in simple terms. It may be helpful for those who want to understand the basic and advanced process of ‘Demand Plan for Expiring Lots’ in SAP Business ByDesign.
Looking forward to hearing your ideas and comments.