Forecast-based Planning and Time-phased Planning |Planning Procedures in PP| SAP PP Training| Uplatz

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Time-phased planning is an MRP procedure where the materials are planned in a particular time interval. If for example, a vendor always delivers material on a certain weekday, then it makes sense to plan this material according to the same cycle, adjusted to the delivery date.
To plan a material with time-phased planning, it is a must that the MRP Type shall be entered in the material master record for time-phased planning and the planning cycle. The latter is defined in the form of a planning calendar in the Planning Cycle field.
For time-phased planning materials, the planning file entries NETCH and NETPL in the planning file are not important, so they are not set for MRP changes. Materials that are planned according to a time-phased are provided with an MRP date in the planning file. This date is reset on the creation of a new material master data, and then after every planning run. This date corresponds to the day that the material will next be planned; it is calculated on the basis of the planning cycle specified in the material master. The material will only be planned on the days that have been specified by the planning cycle. Noted that to have control of this procedure and plan a material before the intended MRP date, it is possible to specify an MRP date in the planning run. For example, if the MRP run is planned for Monday, it is probable to execute the run for Monday on Saturday.
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[@goodfolk9417]

Time management helps in better planning and eventually better forecasting. Can you elaborate on this please.