Quantity required

What is the quantity required?

The required quantity indicates the quantities of raw materials, components, operating materials, auxiliary materials and working materials that are necessary at a certain point in time in order to achieve a defined goal. Determining this demand quantity is a scientific task for which there is a whole range of deterministic, stochastic, heuristic and rule-based methods.
The procedure for determining requirements depends primarily on the type of part to be procured and the information available.

For example, the following application data can be used:

  • Customer orders
  • Production program
  • Parts lists
  • Routings
  • Material consumption statistics

Images:

Logistik-Lexikon Bedarfsmenge

Image: mansong suttakarn / Shutterstock

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