SAP Inventory Management
SAP Inventory Management (MM-IM) is a sub-module of SAP Materials Management responsible for managing material stock quantities and financial values across plant storage locations. It processes physical material movements, tracks stock statuses, handles reservations, and manages annual or continuous physical inventory count cycles.
Key characteristics and components of SAP Inventory Management include:
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Movement Types (MIGO):
- Uses 3-digit identifiers (e.g., 101 for goods receipt, 201 for cost center issue) to direct stock updates and accounting entries.
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Stock Categories & Statuses:
- Distinguishes between Unrestricted-use stock, Quality Inspection stock, Blocked stock, and Stock in Transit.
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Goods Receipts & Goods Issues:
- Processes inbound receipts against purchase orders or production orders, as well as issues for consumption.
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Physical Inventory Counting:
- Manages physical inventory document creation, count entry, variance calculation, and inventory adjustment postings.
Recommended prerequisites include:
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Material Master Fundamentals:
- Understanding material types, valuation views, plant parameters, and storage location structures.
Skills gained include:
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Stock Movement Configuration:
- Configuring movement types, account modification keys, print controls, and screen layouts in transaction MIGO.
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Physical Inventory Administration:
- Executing cycle counting, setting tolerance limits, and adjusting stock count variances in SAP.
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