Understanding Material Plans

The material plan enables you to manage inventory levels, schedules, and availability of selected items, whether manufactured, purchased or transferred. The material plan is driven from setup and from transactional data from PeopleSoft Supply Chain Management, including PeopleSoft Inventory, Order Management, Purchasing, and Manufacturing. PeopleSoft Publish Forecast tables provide the forecasts and inventory stocking policies to enable PeopleSoft Supply Planning to calculate material plans.

After you generate a material plan, you can use inquiry components to review the plans, and use the Material Plan Workbench and Material Plan Detail pages to adjust the plan. Additionally, you can use the Buyer Workbench to review the material plan from a purchasing and supplier perspective, and adjust the plan for one or more suppliers.