Inventory Management and Physical Inventory (SCM510)

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$2,995.00

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New Age Technologies has been delivering Authorized Training since 1996. We offer SAP’s full suite of authorized courses including courses pertaining to SAP Inventory Management, Supply Chain Management (SCM), Enterprise Resource Planning (ERP), BusinessObjects, Product Lifecycle Management (PLM), and more. If you have any questions or can’t seem to find the SAP class that you are interested in, contact one of our SAP Training Specialists. Invest in your future today with SAP training from New Age Technologies.

✉ SAP Training Specialists | ☏ 502.909.0819

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COURSE INFORMATION

SAP Inventory Management and Physical Inventory (SCM510) Overview:

The Inventory Management and Physical Inventory (SCM510) course will give you a comprehensive overview and in depth knowledge of the inventory management process in SAP. After attending this class you will understand the major business processes, functions and configuration in inventory management. This course should be taken after the SCM500 curriculum prerequisite.

Note: Course Based on Software Release – SAP ERP 6.0 with Enhancement Package 7

SAP Inventory Management and Physical Inventory (SCM510) Goals:

• 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.

Who Should Attend:

• Application Consultant
• Business Process Architect
• Business Process Owner / Team Lead / Power User
• Program / Project Manager
• User

SAP Inventory Management and Physical Inventory (SCM510) Prerequisites:

Before attending this course, you must have the following:

• Attended SCM500 (Processes in Procurement) or corresponding SAP knowledge in materials management area
• A solid understanding of the inventory management process.

SAP Inventory Management and Physical Inventory (SCM510) Content:

Introduction to Inventory Management

• Definition
• 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
• 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

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Average Salary for Skill: SAP Supply Chain Management (SAP SCM)