Inventory Management
Purpose
You use Inventory Management to:
manage stocks of merchandise on a quantity and value basis.
plan, enter and provide evidence of all goods movements.
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. SAPRetail 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:
Entry of goods movements
Creation of a document for every goods movement
Division of the stock into categories (such as unrestricted-use stock, stock in quality inspection, or blocked stock)
Inventory Management on a value-only basis at value-only article level
Batch management
Management of special stocks (assigned to a vendor, for example)
Special supporting functions (such as for generic articles, structured articles, and empties)
Various analyses (such as the stock overview)
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: