Purpose
You use Inventory Management to:
You manage stocks on a site and storage location level, and can assign each site a number of storage locations. If you want to manage a sophisticated warehouse complex within a storage location, you can link Warehouse Management to Inventory Management.
Inventory Management enables you to have an overview of your current stock situation at all times. Since a document is created for every transaction, there is a complete audit trail of all goods movements. Inventory Management is required for consumption-based planning, since the system calculates requirements based on the stock on-hand.
Normally, goods movements are valuated automatically and result in updates on the Financial Accounting stock accounts. SAP Retail supports inventory valuation at both cost and retail. For further information, see
Valuation.Integration
Required function: |
Required component: |
Management of stocks on a quantity and value basis, and of others on a value-only basis |
Article, Site |
Management of stocks on a value-only basis at merchandise category level |
Merchandise category |
Updating stock at goods receipt |
Goods receipt |
Updating of stocks at goods receipt for a delivery |
Logistics Execution |
Creation of transfer requirements for goods movements |
Warehouse Management |
Stock corrections when physical inventory differences are posted |
Physical inventory |
Updating of goods movements in RIS statistics |
Retail Information System (RIS) |
Updating of delivered values for goods movements in Financial Accounting |
Financial Accounting |
Updating of account assignment objects for goods movements assigned to an account |
Controlling |
Features
The following functions are available in Inventory Management:
Constraints
You can only use inventory management on a value-only basis if you use
SAP Retail. For further information, see Inventory Management at Value-Only Article Level.See also:
MM - Inventory Management Background Processing: Inventory Management