SCM510 - Inventory Management and Physical Inventory

Unit 1: Introduction to Inventory Management

Defining Inventory Management and Physical Inventory

• Explain the basics of inventory management and physical inventory

Moving Goods with the MIGO Transaction

• Distinguish between different units of entry for goods movements
• Use the central transaction for goods movements, transaction MIGO
• Hold data and execute print outputs

Unit 2: Goods Receipts (GRs)

Posting a GR Without Reference

• Post a goods receipt without reference

Posting a GR with Reference

• Post a GR with reference to a PO or production order in different stock types
• Post a GR with reference to a PO in GR blocked stock

Posting a GR with Automatic Generation of a PO

• Enter a GR without reference to a PO to generate a PO automatically

Posting Cancellations, Return Deliveries, and Returns

• Post a cancellation of a material document
• Post a return delivery to a vendor
• Enter a return for a PO

Applying Order Price Unit in Inventory Management

• Use an order price unit in a GR with reference to a PO

Applying Tolerances and the Delivery Completed Indicator

• Use tolerances for under-delivery and over-delivery
• Use the delivery completed indicator

Adding Date Checks to GRs for a PO

• Use the shelf-life expiration date check
• Customize system messages for a delivery that is too early or too late

Unit 3: Stock Transfers and Transfer Postings

Performing Transfer Postings

• Perform transfer postings

Performing Stock Transfers Between Storage Locations

• Post stock transfer postings using the one-step and two-step procedures

Performing Stock Transfers Between Plants

• Post plant-to-plant stock transfer postings

Unit 4: Reservations

Creating Manual Reservations

• Create a reservation manually
• Use reservations as a reference for a goods movement

Evaluating Reservations

• Execute the evaluations from the reservation menu

Checking Availability and Missing Parts

• Set up and perform the availability and missing parts check

Unit 5: Goods Issues (GIs)

Posting Unplanned GIs

• Post unplanned GIs

Posting a GI with Reference

• Post GIs with references

Configuring Stock Determination

• Configure and test stock determination in inventory management

Allowing Negative Stock

• Allow negative stock in inventory management

Unit 6: Special Forms of Procurement and Special Stocks

Performing the Process of Subcontracting

• Provide components to a subcontractor
• Post a GR to a subcontract PO and further goods movements for subcontracting stock

Performing Vendor Consignment

• Perform a process for vendor consignment

Operating Pipeline Processes

• Post goods movements for pipeline stock

Posting Goods Movements for Special Stocks

• Post goods movements involving special stocks

Unit 7: Special Features of Material Valuation

Posting Goods Movements for Material Types UNBW and NLAG

• Create a PO and enter goods movements for nonvaluated material

Configuring Split Valuation

• Post goods movements for split-valuated material and check the results of these postings

Unit 8: Physical Inventory

Conducting Physical Inventory

• Create physical inventory documents, enter count results, and post differences

Analyzing the Determination of Book Inventory

• Perform a physical inventory

Simplifying Physical Inventory

• Create an inventory document with a batch input session

Applying Cycle Counting

• Prepare a CC physical inventory

Applying Inventory Sampling

• Prepare and conduct a sample-based physical inventory

Unit 9: Analyses

Applying Stock Lists and Document Lists

• Analyze goods movements and the stock situation

Applying Periodic Processing

• Execute a report from periodic processing

Unit 10: Customizing

Implementing Settings for Documents

• Set up Customizing for documents in inventory management

Setting Up Movement Types

• Define a new movement type in inventory management

Applying Other Customizing Settings

• Customize plant parameters and transaction MIGO

Unit 11: Logistics Execution

Managing Logistics Execution Processes

• Explain warehouse management as part of Logistics Execution

Posting a GR Against a PO

• Process a GR against a PO using Logistics Execution

Posting a GI for a Sales Order

• Process a GI for a sales order with outbound delivery