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SCM510 SAP Inventory Management and Physical Inventory

4.6 out of 5 rating

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Duration

5 Days

30 CPD hours

About this course

The primary audience for this course are Application Consultants, Business Process Architects, Business Process Owners/Team Leads/Power Users, Program/Project Managers, and Users.

Overview

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.

Description

This course will give students an overview and in depth knowledge of the inventory management process in SAP. After attending this class, students will understand the major business processes, functions & configuration in inventory management.

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
Additional course details:

Nexus Humans SCM510 SAP Inventory Management and Physical Inventory training program is a workshop that presents an invigorating mix of sessions, lessons, and masterclasses meticulously crafted to propel your learning expedition forward.

This immersive bootcamp-style experience boasts interactive lectures, hands-on labs, and collaborative hackathons, all strategically designed to fortify fundamental concepts.

Guided by seasoned coaches, each session offers priceless insights and practical skills crucial for honing your expertise. Whether you're stepping into the realm of professional skills or a seasoned professional, this comprehensive course ensures you're equipped with the knowledge and prowess necessary for success.

While we feel this is the best course for the SCM510 SAP Inventory Management and Physical Inventory course and one of our Top 10 we encourage you to read the course outline to make sure it is the right content for you.

Additionally, private sessions, closed classes or dedicated events are available both live online and at our training centres in Dublin and London, as well as at your offices anywhere in the UK, Ireland or across EMEA.

Training Insurance Included!

When you organise training, we understand that there is a risk that some people may fall ill, become unavailable. To mitigate the risk we include training insurance for each delegate enrolled on our public schedule, they are welcome to sit on the same Public class within 6 months at no charge, if the case arises.

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