Product Hierarchy
Being useful for evaluation, pricing and reporting purposes, a ‘Product Hierarchy’ is an alphanumeric character string consisting of a maximum of 18 characters. It thus defines the product and its...
View ArticleWhat is EAN?
The ‘EAN (International Article Number),’ equivalent to the UPC (Universal Product Code) of the United States, is an international standard number for identifying a material, which SAP allows you to...
View ArticleRe-Order Point Procedure
The ‘Re-Order Point’ is the level of inventory that triggers material procurement. Once the inventory falls below this level, you need to create the order proposal either manually or automatically by...
View ArticleInventory Turnover: Concept And Use with Real Life Scenarios
Inventory Turnover is a prominent KPI in a lot of businesses. Kowboy, who runs SAP Mental Notes site, has posted a topic which you will get understanding the concept of Inventory turnover. Giving the...
View ArticleTransaction Keys in Materials Management
Also known as ‘process keys,’ the ‘Transaction Keys’ are pre-defined in the system to enable transaction postings in Inventory Management and Accounting (Invoice Verification). For each of the movement...
View ArticleMaterials Management: User Training Manuals
Find below end user training manual for overall processes of the following topics Generate Differences List Goods Issuance of Bill Production Materials GR for Materials Directly Charged on Projects...
View ArticleMaterials Management (MM) Integration in Other Modules
Integration in Financial Accounting Purchasing maintains data on the vendors that are defined in the system jointly with Finance. Information on each vendor is stored in a vendor master record that...
View ArticleStock Transfer Between Plant Using STO with DO
This process used to transfer goods between plants using Stock transport order with Delivery order. Before doing this function the Material must be maintained in both supplying and receiving plants....
View ArticleWhat is Split Valuation ? What is it Necessary ?
‘Split Valuation’ allows substocks of the same material to be managed in different stock accounts. This allows substocks to be valuated separately, and every transaction is carried out at the substock...
View ArticleMake-To-Stock Scenario with Production Versions and Kanban Processing
The objective of this tutorial is to provide an overview of the extended functions in the Make-To-Stock Scenario with Production Versions and Kanban Processing in the IM&C industry. The scenario...
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