Inventory Management and Physical Inventory

Course Details
Code: SCM510-v015
Tuition (USD): $3,750.00 • Virtual (5 days)
$3,750.00 • Classroom (5 days)
Course Details
GSA (USD): $3,037.78 • Virtual (5 days)
$3,037.78 • Classroom (5 days)

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