Inventory Management and Optimization in SAP ERP (SAP MM) (SAP PRESS)

Description

Oversee your stock with this guide to inventory management and optimization with SAP ERP! Manage the inventory you have through replenishment, goods issue, goods receipt, and internal transfers; then optimize future stock by avoiding bottlenecks, setting lead times, using simulations, and more. Finally, evaluate your operations using standard reports, the MRP Monitor, and KPIs. Keep your stock levels just right! * Master daily inventory processes using SAP ERP * Create a sustainable inventory strategy to optimize stock levels * Monitor inventory performance and measure results Key Inventory Processes Understand essential business processes like good receipt, goods issue, internal stock transfer, reservations, and using materials documents. Then map these processes to their specific master data settings like service levels and lot size. Planning and Optimization Learn how the entire supply chain influences inventory planning, and jump into methods and tools for inventory optimization including SAP ERP Add-On tools for simulations and inventory cockpits. Monitoring, Reporting, and Analysis Employ Logistics Information Systems methods to control and monitor inventory, use the MRP Monitor for inventory analysis, and calculate key indicators to measure inventory performance. * Inventory management * Inventory optimization * Supply chain management * Goods receipt/goods issue (GR/GI) * Stock transfer * SAP ERP Add-Ons * Lot size * Demand planning * Material requirements planning (MRP) * MRP Monitor * Key performance indicators (KPIs) Review: Must have for SAP users - This book clearly explains what you need to know! I have really enjoyed this and use it daily! Review: Great book on Inventory Management and Optimization in SAP ECC - It's a surprise and a disappointment to find out that there is so much ‘hidden treasure’ of features and functionality in SAP ECC that aren’t either explored completely or aren’t used effectively. This leads to lower ROI from SAP investment and at the same time materials and inventory planners continue to work tirelessly to bring sanity to logistics and supply chain operations. The efforts, time and costs to develop various inventory reports significantly add to the costs of maintaining SAP system. The book “Inventory Management and Optimization in SAP ERP” explores and exposes inventory management’s latent features to show how so many of them can be put to better use for materials and inventory planning, management and optimization. From covering some of the common inventory management business processes to master data settings that control inventory business processes and finally an extensive list of reports, KPIs, analytics and several SAP add-ons (to address the current reporting limitations in SAP ECC) are all given significant coverage in the book. I received this book free from SAP PRESS as part of their book review program. I was not required to write a positive review, and the opinions I’ve expressed are my own.