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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 1508 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.

Communications were good and team was available to answer questions at any time.

the class was setup very well and I feel that I will be able to take what I have learned and use.

Very well organized. All the course documents, presentations, meetings worked well.

Everything is really good, but it would be nice if all of the resources were on one website or at least shared a login. I don't like that I had to create three new accounts to manage the course resources.

The course is well designed for beginners and intermediate AWS practitioners

6 options available

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  • Jan 25, 2021 Jan 29, 2021 (5 days)
    Location
    Virtual
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    English
    Time
    9:30 5:30 EST
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  • Mar 8, 2021 Mar 12, 2021 (5 days)
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    Virtual
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  • May 17, 2021 May 21, 2021 (5 days)
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    Virtual
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    English
    Time
    9:30 5:30 EST
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  • Jul 26, 2021 Jul 30, 2021 (5 days)
    Location
    Virtual
    Location Details
    Language
    English
    Time
    9:30 5:30 EST
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  • Sep 13, 2021 Sep 17, 2021 (5 days)
    Location
    Virtual
    Location Details
    Language
    English
    Time
    9:30 5:30 EST
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  • Nov 1, 2021 Nov 5, 2021 (5 days)
    Location
    Virtual
    Location Details
    Language
    English
    Time
    9:00 5:00 EST
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