Inventory management is a systematic methodology to obtain, store, manage and optimize the raw materials and finished goods in an organization. It deals with the management of stock, either on value or quantity basis, and includes planning, entry, and keeping records of all the movements of goods. SAP Inventory Management software helps to sense changes in demand, supply, and network alignment for inventory optimization. SAP inventory software provides a number of tools to simplify the management of raw materials, finished goods and any intermediate inventories or goods. Organizational efficiency is the goal of SAP inventory management with focus on following processes: Monitoring data—Gaining knowledge of inventory levels and change in levels over time Interpreting data—Generating action items based on the data Executing action items—Assigning the action items to your team Course Curriculum – Inventory Management in SAP Basics of Inventory Management Stock Types Movement Types Process of Goods Receipt Process of Goods Issue Stock Transfers i. What is Stock Transfer ii. Types of Stock Transfer iii. Transfer between Plants iv. Transfer between Storage Locations v. Transfer between Stock types vi. Transfer using Stock Transport Order Return to Vendor i. Conditions under material returned to vendor ii. Prerequisites for return to vendor Cancellation Initial Stock Reservations Physical Inventory Configuration i. Plant Parameters ii. Number Range assignment iii. Screen Selection iv. End User Restrictions for Inventory Management activities v. Movement Types and its attributes vi. Individual transaction configuration

Eligiblity for Certification :

SAP MM/WM Consultants / Managers / End Users Anyone aspiring to become SAP MM/WM Consultant / Manager SAP Inventory Controllers SAP Material Controllers SAP Processors SAP Logistics Analysts & Consultants SAP MM/Supply Chain Inventory Management Analysts Warehouse Operations Managers SAP & ERP Professionals SAP Functional Consultants Business Analysts & Consultants Project Managers & Supervisors Anyone looking forward to start SAP career