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
- Material consumption statistics