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ERP MM - Inventory Management

Inventory management is a component of Material Management. This page gives information about the inventory management processes i.e. Receving material with or without reference, material issue with planning or without planning, movements of materials (Inter company, Intra company, within plant, SLoc to SLoc, Material to Material, Batch to Batch, different stock type transfer posting), Material reservations & Physical Inventory.

Inventory Management manages stock in Quantity & also Value basis.IM automatically updates Stock & G/L Accounts when material is received or issued & provides which accounts are updated. Apart from accounts cost center is also updated.Inventory Management can manage various types of a company's own special stocks and externally owned special stocks separately from standard stock.

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