Inter-changeability of components

I want to use two different components which are completely identical and I want to mention only one component in my BOM, but automatically when this is not available it should check the availability of alternate and only then generate procurement proposals during my MRP run...after some research i found out that i could use a FFF class for this kind of scenario... can anyone explain how this works and  how to go about acheiving this.

Hello Mangalraj,
I went through the thread and had a good insight into alternate materials...
I was hoping if you could detail me on this....
I have mat MAT1 and Mat2 they could be used irrespective of each other in SEMI1...
I need 100kg of MAT1 or MAT2 for SEMI1
If i have 100kg of MAT1 in stock then while running MRP for SEMI1 it should use up all the 100KG of MAT1 and nothing of MAT2.
if i only have 80kg of MAT1 then while running the mrp for SEMI1 it should use 80kg of MAT1 and 20kg of MAT2....
what i mean to say that the usage of altenate material should be dependent on material availability during the planning run...any ideas??
thanks
sri.

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