Avoid having too little or too much stock on hand with this guide to inventory management and optimization with SAP ERP! Start by managing the stock you have through replenishment, goods issue, goods receipt, and internal transfers. Then plan for and optimize your future 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! 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. Highlights:
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)
By:
Elke Roettig
Imprint: SAP Press
Country of Publication: United States
Dimensions:
Height: 229mm,
Width: 175mm,
Spine: 36mm
Weight: 1.089kg
ISBN: 9781493213108
ISBN 10: 1493213105
Pages: 523
Publication Date: 28 February 2016
Audience:
Professional and scholarly
,
Undergraduate
Format: Hardback
Publisher's Status: Active
Introduction Contents of This Book Who This Is Book For How This Book is Organized Inventory Management Basics Movement Type Concept Document Principle Common Inventory Types Inventory Costs Summary Inventory Business Processes Inbound Processes: Goods Receipts Outbound Processes: Goods Issues Internal Stock Transfer Processes Reservations Cancelling Material Documents Printing Material Documents Physical Inventory Inventory Management Reporting Summary Master Data Settings Service Level and Safety Stocks Safety Time Lot Sizes MRP Types Replenishment Lead Time Summary Planning Around Inventory Setting an Inventory Strategy Forecasting and Demand Planning Materials Requirements Planning (MRP) Production Summary Inventory Optimization and Tools Inventory Optimization Initiatives Using the SAP Add-On Tools for Simulation Using the Inventory Controlling Cockpit Add-On Tool Multi-Echelon Inventory Optimization Summary Controlling, Monitoring, and Reporting on Inventory Standard SAP ERP Reports Analysis in the Inventory Controlling System Analyses Using the MRP Monitor Inventory Reporting Methods for Accounting Purposes Summary Measuring Inventory Performance Key Figures Key Performance Indicators (KPIs) Dual Classification in the Logistics Information System Summary Conclusion Appendices Additional Resources The SAP Add-On Tools SAP Key Figures in the Logistics Information System The Author Index
Elke Roettig works at bigbyte software systems, inc., a New York-based international management consulting firm that provides expertise to optimize and streamline SAP Supply Chain Management. In that role she has focused her efforts on supply chain optimization, working with various clients on an international basis and utilizing the SAP ERP Add-On tools.Elke has a degree in business administration from the Verwaltungs- und Wirtschafts-Akademie (VWA) in Stuttgart, Germany. Since 1994, she has worked as an SAP consultant, focusing on materials and inventory management. She has functioned as senior SAP functional consultant on full life-cycle SAP implementations for many clients in the US across a multitude of different industries (automotive, consumer products, manufacturing, printing and packaging, engineering, wholesale distribution, medical devices, mining, etc.) and has supported many implementations in additional roles. Her consulting experience includes working with different releases of the SAP ERP system as well as with the SAP Business Warehouse system.
