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Inventory Management and Physical Inventory

Skills Gained 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...

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$4,090 USD GSA  $3,250.43
Course Code SCM510-v015
Duration 5 days
Available Formats Virtual, Classroom
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Skills Gained

  • 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.

Who Can Benefit

  • Application Consultant
  • Business Process Architect
  • Business Process Owner / Team Lead / Power User
  • Program / Project Manager
  • User

Prerequisites

  • Essential:
       -SCM500 Processes in Procurement or corresponding SAP knowledge in materials management area
  • Recommended:
       -A solid understanding of the inventory management process.

Course Details

Course Content

  • Introduction to Inventory Management
       -Defining Inventory Management and Physical Inventory
       -Moving Goods with the MIGO Transaction
  • Goods Receipts (GRs)
       -Posting a GR Without Reference
       -Posting a GR with Reference
       -Posting a GR with Automatic Generation of a PO
       -Posting Cancellations, Return Deliveries, and Returns
       -Applying Order Price Unit in Inventory Management
       -Applying Tolerances and the Delivery Completed Indicator
       -Adding Date Checks to GRs for a PO
  • Stock Transfers and Transfer Postings
       -Performing Transfer Postings
       -Performing Stock Transfers Between Storage Locations
       -Performing Stock Transfers Between Plants
  • Reservations
       -Creating Manual Reservations
       -Evaluating Reservations
       -Checking Availability and Missing Parts
  • Goods Issues (GIs)
       -Posting Unplanned GIs
       -Posting a GI with Reference
       -Configuring Stock Determination
       -Allowing Negative Stock
  • Special Forms of Procurement and Special Stocks
       -Performing the Process of Subcontracting
       -Performing Vendor Consignment
       -Operating Pipeline Processes
       -Posting Goods Movements for Special Stocks
  • Special Features of Material Valuation
       -Posting Goods Movements for Material Types UNBW and NLAG
       -Configuring Split Valuation
  • Physical Inventory
       -Conducting Physical Inventory
       -Analyzing the Determination of Book Inventory
       -Simplifying Physical Inventory
       -Applying Cycle Counting
       -Applying Inventory Sampling
  • Analyses
       -Applying Stock Lists and Document Lists
       -Applying Periodic Processing
  • Customizing
       -Implementing Settings for Documents
       -Setting Up Movement Types
       -Applying Other Customizing Settings
  • Logistics Execution
       -Managing Logistics Execution Processes
       -Posting a GR Against a PO
       -Posting a GI for a Sales Order

Notes

  • This course is also available in a self-paced e-learning format, complete with system demos and simulations under course code SC510E

Course based on software release

  • SAP ERP 6.0 with Enhancement Package 7
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