SAP MM Inventory Management
What you'll learn
- Understand the concept of Inventory Management in SAP
- Understand the concept of Movement types in SAP
- Understand the concept of Reservation in SAP
- Understand the impact of different movement types in SAP
- Basics of SAP
- Basics of Inventory Management
SAP MM Material Management - Welcome to this training course presentation of the SAP Materials Management - Inventory Management.
The Materials Management functionality is the main component of any SAP implementation. The Materials Management can be described as the train that drives the supply-chain functionality within SAP. It also integrates with other SAP modules as well. Taking this MM course will help you with everything you need to start your career in working with SAP Inventory Management.
Overview Of Inventory Management:-
Inventory management is used to manage the inventory for the goods. It is based on several key processes. Definition of movement types, reservations, goods issue and goods receipt.
We have already done basic goods receipt process in the purchase order topic, referencing it to a PO.
There are a number of functions and transactions used in the Inventory management processes, and we will cover the most important in this tutorial.
Overview of the course: -
- I will start talking about the Reservation.
- Then I will start talking about the Goods Issue and Goods Receipt which are at the core of the Procurement, Inventory Management.
- Next, I will show you the usage of different movement types.
- Parallely i will show you the related SAP tables and SAP Reports.
What separates this course from other SAP courses is a focus on clarity and presentation. All lessons are easy to follow and feature a step by step guide to help beginners.
This course consists of 30 videos and of around 1Hr content.
All the SAP functional consultants should opt this course if they are looking for an expertise in Inventory Management scenarios.
Who this course is for:
- SAP Functional Consultants
- Store Managers
- Who deals with inventory in Business
Over 10 years of experience on SAP MM, IM and WM functional consultant in various SAP R/3 implementations, industries- Process, Manufacturing, Energy and chemical.
Excellent understanding of business processes in Logistics – Material management & Inventory management.
Experienced in 6 full life-cycle implementation phases of a project (ASAP Methodology) - blueprinting, realization, testing ( Unit testing, User acceptance testing, Assembly testing and integration testing ), final preparation, training, documentation, data uploading, go live and post go live (production) support.
Interacted with business partners to understand the AS-IS process and work on developing TO-BEprocess.
Designed, tested and supported for the development of functional specifications for RICEFW objects..
Conducted Business blue printings - Requirement definitions, system/process mapping & solution design.
Worked on different kinds of projects such as New End-to-end implementation projects, Development projects, up gradation projects, Enhancement projects.
Configured MM Organizational Elements: Company code, Purchasing Organization, Plant & Storage loc.
MM-Purchasing/Procurement: Hands on experience in configuring Material Master, Vendor Master, Partner schema, Purchase requisition, Purchases order, Venison management, shelf like check and pricing schemas.
Expertise in designing scenarios like outline agreements, RFQ, source list, info records, quota arrangement, Scheduling agreement, Reservation, Vendor consignment, subcontracting and vendor evaluation.
Inventory Management: Customizing done in Goods Movements, Cross Company and Intra-company Stock Transport orders using Stock Transport order (STO), Subcontracting, Customer and Vendor Consignment & Third Party Orders, Physical Inventory, Cycle Counting.
Configuration of Inventory Management Movement Types, Number ranges for material document of Goods Receipt, Goods Issue, shelf life check for movement types and Stock Transfers- inter and intra company.