SAP INVENTORY MANAGEMENT
sap inventory management
SAP Inventory Management covers all components of Inventory Management which is including inventory movement types, physical inventory or stock take, managing special stocks, batch management all starting with the building blocks, master data and enterprise structure.
SAP Inventory Management is part of sap mm material management module .This SAP MM guide is intended for SAP System Administrators, Materials Management (MM) developer and SAP technology Consultants.
As part of SAP inventory Management on physical inventory, we can explore the various physical inventory types and processes available in SAP. In the section on managing special stocks, we will demonstrate and perform exercises on subcontracting, consignment, stock transports, third-party processing among other processes. To wrap it up, we will tackle reservations and stock determination
SAP Inventory Management system allows you to manage stocks on a quantity and value basis in order to plan, enter, check goods movements and carry out physical inventories of any plant.
SAP Inventory Management includes followings:
- Purpose of SAP Inventory Management System
- Material Inventory Management by quantity and value
- How does the system determine the value to be posted to Financial Accounting?
- Management of material stocks by quantity
- Material Planning and Goods Movements
- Integration with the Warehouse Management Module
- What are the functions of Inventory Management?
- Goods Receipts for Purchase Orders
- What are the features of goods receipts for purchase orders?
- What are Reservations?
- What is the main function of reservations?
- What is a Storage Location?
- What effects do goods issues have?
- Transfer Postings and Stock Transfers
- How do stock transfers differ from transfer postings?
- Goods Movements for Production Orders
- What are the characteristics of goods movements for production orders?
- Integration with Quality Management
- How is quality inspection integrated into Inventory Management?
- What is Special Stock?
- What purpose does the creation of special stock serve?
- What is Physical Inventory?
- Physical Inventory Procedures
- A Sample Physical Inventory Business Process
- The SAP Inventory Business Process Flow
SAP inventory manageemnt also covers below mentioned points:
1 Goods Movement w/ PO
2 Goods Receipt w/o PO
3 Create Reservation
4 Reservation List
5 Goods Issue w/ ref. to Reservation
6 Stock Transfer between storage locations
7 Stock Transfer between plants
8 Display Material document
9 Display Physical Inventory Document
10 Enter Physical Inventory Count
11 Enter Physical Inventory Difference
12 Stock Overview report
13 Plant Stock Availability
14 Warehouse Stock
SAP inventory management module article explains you about inventory /material stocks management on value basis, planning and entering documentation of all goods movement and carrying out physical inventory. Moreover this SAP Inventory managements module explains you planning and issuing goods, material scrapping, stock maintaining, physical inventory process, batch handling and more. SAP inventory management system is full integrated with sap mm, sap sd and sap fico modules.