SAP Inventory Management

Inventory management is the practice of managing inventory flow across an organization with maximum efficiency. SAP inventory management and service-level optimisation software allows you to dynamically link customer service goals with inventory investments across the company's multistage supply chain. Some of the key advantages of SAP MM Inventory Management are: a) Ensure goods are consistently available at the right time and place, b) Reduce inventory and increase working capital with deeper insight into your supply chain, c) Improve demand planning and decrease safety stock levels to cut costs, d) Use enhanced supplier intelligence to minimise out-of-stock situations, e) Enable SAP ERP to recommend specific actions that balance profitable service and inventory. Important T-codes (transaction codes), that control the movement of materials into, through, and out of your SAP system are: a) MIGO – Goods movement, b) MB1A – Goods withdrawal, c) MB1C – Goods receipt, d) MBST – Cancel material document, e) MB02 – Change material document.