SCM510 Inventory Management and Physical Inventory

Course version: 015

Course announcements
This course will give you a comprehensive overview and in depth knowledge of the inventory management process in SAP. After attending this class you will understand the major business processes, functions and configuration in inventory management. This course should be taken after the SCM500 curriculum prerequisite.

Goals
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.

Audience
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 based on software release
SAP ERP 6.0 with Enhancement Package 7

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