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Inventory Management and Physical Inventory

  • Tuition USD $4,090 GSA  $3,037.78
  • Reviews star_rate star_rate star_rate star_rate star_half 4744 Ratings
  • Course Code SCM510-v015
  • Duration 5 days
  • Available Formats Virtual, Classroom

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

Course based on software release

  • SAP ERP 6.0 with Enhancement Package 7

When does class start/end?

Classes begin promptly at 9:00 am, and typically end at 5:00 pm.

Does the course schedule include a Lunchbreak?

Lunch is normally an hour long and begins at noon. Coffee, tea, hot chocolate and juice are available all day in the kitchen. Fruit, muffins and bagels are served each morning. There are numerous restaurants near each of our centers, and some popular ones are indicated on the Area Map in the Student Welcome Handbooks - these can be picked up in the lobby or requested from one of our ExitCertified staff.

How can someone reach me during class?

If someone should need to contact you while you are in class, please have them call the center telephone number and leave a message with the receptionist.

What languages are used to deliver training?

Most courses are conducted in English, unless otherwise specified. Some courses will have the word "FRENCH" marked in red beside the scheduled date(s) indicating the language of instruction.

What does GTR stand for?

GTR stands for Guaranteed to Run; if you see a course with this status, it means this event is confirmed to run. View our GTR page to see our full list of Guaranteed to Run courses.

Does ExitCertified deliver group training?

Yes, we provide training for groups, individuals and private on sites. View our group training page for more information.

Does ExitCertified deliver group training?

Yes, we provide training for groups, individuals, and private on sites. View our group training page for more information.

What does vendor-authorized training mean?

As a vendor-authorized training partner, we offer a curriculum that our partners have vetted. We use the same course materials and facilitate the same labs as our vendor-delivered training. These courses are considered the gold standard and, as such, are priced accordingly.

Is the training too basic, or will you go deep into technology?

It depends on your requirements, your role in your company, and your depth of knowledge. The good news about many of our learning paths, you can start from the fundamentals to highly specialized training.

How up-to-date are your courses and support materials?

We continuously work with our vendors to evaluate and refresh course material to reflect the latest training courses and best practices.

Are your instructors seasoned trainers who have deep knowledge of the training topic?

ExitCertified instructors have an average of 27 years of practical IT experience. They have also served as consultants for an average of 15 years. To stay up to date, instructors will at least spend 25 percent of their time learning new emerging technologies and courses.

Do you provide hands-on training and exercises in an actual lab environment?

Lab access is dependent on the vendor and the type of training you sign up for. However, many of our top vendors will provide lab access to students to test and practice. The course description will specify lab access.

Will you customize the training for our company’s specific needs and goals?

We will work with you to identify training needs and areas of growth.  We offer a variety of training methods, such as private group training, on-site of your choice, and virtually. We provide courses and certifications that are aligned with your business goals.

How do I get started with certification?

Getting started on a certification pathway depends on your goals and the vendor you choose to get certified in. Many vendors offer entry-level IT certification to advanced IT certification that can boost your career. To get access to certification vouchers and discounts, please contact Edu_customerexperience@techdata.com

Will I get access to content after I complete a course?

You will get access to the PDF of course books and guides, but access to the recording and slides will depend on the vendor and type of training you receive.

They were very good. They made sure everyone was able to get into the training and got all of the material needed for class.

Simply great training provider that I can go for updating/acquiring my skill sets.

Very clean, great cafeteria and well sorted, very kind staff. The bathrooms have to be expanded as they might get crowded sometimes

Class was easy to sign up for and ExitCertified provided very good communication

It would be better if the classroom had two power point screens so the instructor could have two screens shown to the class at the same time to reduce confusion switching back and forth

5 options available

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  • Nov 1, 2021 Nov 5, 2021 (5 days)
    Location
    Virtual
    Location Details
    Language
    English
    Time
    9:30 5:30 EST
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  • Mar 7, 2022 Mar 11, 2022 (5 days)
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    9:30 5:30 EST
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  • May 2, 2022 May 6, 2022 (5 days)
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    Virtual
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    9:30 5:30 EST
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  • Sep 19, 2022 Sep 23, 2022 (5 days)
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    Virtual
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    Time
    9:30 5:30 EST
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  • Oct 31, 2022 Nov 4, 2022 (5 days)
    Location
    Virtual
    Location Details
    Language
    English
    Time
    9:30 5:30 EST
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