When you enter a goods movement, you only have to enter the plant and the storage location of the goods. Inventory management is required for consumptionbased planning, since the system calculates requirements based on the stock onhand. Manage the inventory you have through replenishment, goods issue, goods receipt, and internal transfers. The sap supplychain management system comes with a variety of ability set, including a large array of supplies. Best inventory management integrations for sap business. This transaction code for list of warehouse stocks on hand mb01. Sap module that allows inventory data to be captured at the plantstorage location level. The software is commonly used alongside hardware such as barcode or radiofrequency identification rfid scanners. Are you interested in starting a career with sap in the area of logistics. Use features like bookmarks, note taking and highlighting while reading sap mm inventory management.
Inventory management is used to manage the inventory for the goods. Inventory management and physical inventory sap training. Inventory management and physical inventory mmim sap help. Inventory management overview inventory management is a part of a material management module. Therefore these data plant, materials, quantity will be fetched from the document. This course will give you a comprehensive overview and in depth knowledge of the inventory management process in sap. In inventory management, work is basically done at plant and storage location levels. Technical reference and learning guide kindle edition by agrawal, p. Discover how sap fiori apps and embedded analytics more about the book. Whenever you enter a goods movement into the sap system, you must also enter a movement type to indicate the type of movement that is to be executed. In this course, you will learn the most common enduser functions in sap inventory management and physical inventory.
The materials management functionality is the main component of any sap implementation. The stocks keeping is managed by the quantity or the amount basis. Learn vocabulary, terms, and more with flashcards, games, and other study tools. In this ebook, you will learn basic skills and concepts of sap mm. Inventory management in sap is an important component of mm module.
Streamlining plant processes can help companies to compress ordertodelivery time, decrease costs, reduce inventory, and improve customer service. Inventory management deals with the management of materials on a quantity and value basis, including all internal and external movement of goods in an. Sap inventory management and optimization book and ebook. Inventory management is a very important function that determines the health of the supply chain as well as the impacts the financial health of the balance sheet. Teach participants the basic functions of inventory management and physical inventory, and how to create different goods movements in the sap system. Familiarize participants with the special functions of inventory management and physical inventory, and the customizing settings relevant to inventory management and physical inventory. The materials management can be described as the train that drives the supplychain functionality within sap. Management inventory management and physical inventory movement types copy, change movement types. Inventory management is part of the materials management module and is fully integrated in the entire logistics system. Definition of movement types, reservations, goods issue and goods receipt.
Sap uses customized automated alerts based upon agreed upon criteria. We have already done basic goods receipt process in the purchase order topic, referencing it to a po. Material is procured from external or internal sources on the basis of the requirements. Learn inventory management and planning using standard and addon sap erp. Inventory management means managing the material stock by maintaining the proper records or material movements. Sap inventory management gives users a deeper look at their operational data. From covering some of the common inventory management business processes to master data settings. A step by step guide to the sap mm inventory management and physical inventory configurations. Inventory management works on two ways a on qty updating at store location b on value updating at ac. Sap mm material management welcome to this training course presentation of the sap materials management inventory management.
Inventory management can manage various types of a companys own. The book inventory management and optimization in sap erp explores and exposes inventory managements latent features to show how so many of them can be put to better use for materials and inventory planning, management and optimization. Sap inventory management introduction to inventory management in sap inventory management is the process of efficiently monitoring the flow of products into and out of an existing inventory in the warehouse. Inventory management and physical inventory mmim sap. Physical inventory document can be printed based on the physical inventory document status and or item status. Sap inventory management and optimization book and e. Batch management lo bm sap ag batch management lo bm 6 april 2001 batch management lo bm purpose in various industries particularly the process industry you have to work with homogenous partial quantities of a material or product throughout the logistics quantity and value chain. Oversee your stock with this guide to inventory management and optimization with sap erp. Sumit thakur april 1, 2017 free download inventory management ppt with pdf. There are essentially two types of retail separated by how and where a sale takes place. K download it once and read it on your kindle device, pc, phones or tablets.
Sap can call you to discuss any questions you have. Materials management module in sap consists of several components and subcomponents including master data, purchasing and inventory. Inventory management within sap gives to the customer an effective set of processes for all types of goods movement within the plant. A supplychain management system must be able to handle increased inventory load and use alerts to notify suppliers of needed merchandise. This transaction code for other goods receipts mb5b.
Definition asset number inventory number the asset main number, in combination with the company code, uniquely identifies an asset in the system. View its tables, transaction codes and pdf tutorials. Design, build and configure applications to meet business process and application requirements specific to ewm process must to have. Logistics materials management inventory management goods movement goods movement migo tcode. Based on the inventory doucmen printout, the warehouse person will check the stock of material. Inventory management and physical inventory mmim consolut. Inventory management is obliged for the goods in inventory, also to their inward flow and outward flow. Migo on sap menu screen select goods movement migo execute icon by following the above path.
This tutorial contains the tables, transaction codes, components and pdf training. This document aims to explain the concept of inventory management using non cumulative key figures in a simple and straight forward manner. Create custom pdf inventory management and physical inventory mmim. This inventory course is for everyone with a desire to work with sap supply chain management and logistics. The material is stored and managed under inventory management until it. In the sap system, each storage facility is part of an organizational structure created in the system. In sap, the inventory management functionality revolves around the movement of materials in and out of the storage facility and the physical count of those items at regular intervals.
It deals with the management of stocks and goods movement. Retail is the broadest catchall term to describe businesstoconsumer b2c selling. Pdf 35 mb, epub 40 mb, and mobi 65 mb file for download, drmfree. Sap mm inventory management, sap purchasing mm po good to have skills. This transaction code for stocks for posting date mb52. The delivery is entered in inventory management as a goods receipt. Transaction code mi21 is used to print the inventory document where print default value can be populated. Inventory management deals with management of stock either on value or quantity basis.
Sap inventory management mmim module tutorial, transactions. It looks after the units in a firm and makes sure that they are in a moderate amount which. The system derives the company code from the plant via the valuation area. By integrating sap inventory management with a cloudbased deployment strategy, users can reap the benefits of adopting the cloud. Sap earlywatch, bapi, sapphire, management cockpit, logo. Goods issue can be posted against various documents. Asset managementfixed assets sap glossary of terms the university of mississippi end user documentation erp 2005. After attending this class you will understand the major business processes, functions and configuration in inventory management. Inventory management apps integrated with sap business one inventory management software is used to track, manage and organize inventory levels, orders, sales and invoices. The key points about inventory management are as follows.
This course should be taken after the scm500 curriculum prerequisite. Sap mm training introduction to inventory management. Second, offline retail where the purchase is physical through a brickandmortar storefront or a salesperson. Inventory management deals with placing and handling stock received from vendors in correct place within companys premises. With this introduction, see what sap has in store for each supply chain line of business. Accurate and streamlined inventory management is crucial to your ability to deliver on promise, as well as to maintain customer satisfaction and inventory cost control. Normally, goods movements are valuated automatically and result in updates on the financial accounting stock accounts. There are a number of functions and transactions used in the. First, online retail ecommerce where the purchase takes place digitally.
By leveraging this information, users can reduce inventory levels while increasing their working capital. Inventory management and optimization in sap erp amazon s3. Sap inventory management the ultimate guide from corevist. Sap mm training introduction to erp and sap mm video 1 sap mm material management duration. The reader of this document should have a moderate knowledge of bw concepts for understanding the concept of inventory management. Dynamically link customer service goals with inventory investments across your multistage supply chain with our inventory management and servicelevel optimization software. Sap inventory management is the strategic task of reducing waste in product, process, and man hours. Sap module that governs processes from material procurement to vendor payment. Inventory management is part of the materials management module and is fully integrated throughout the logistics system material is procured from external or internal sources on the basis of the requirements determined by material requirements planning.
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