When does class start/end?
Class hours may vary, please reach out to contact@ascendientlearning.com if you have any questions.
Inventory Management and Physical Inventory
Skills Gained 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...
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$4,335 USD
GSA
$3,575.47
Duration
5 days
Course Code
SCM510-v015
Available Formats
Virtual, Classroom
Overview
Skills Gained
- 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 Can Benefit
- Application Consultant
- Business Process Architect
- Business Process Owner / Team Lead / Power User
- Program / Project Manager
- User
Prerequisites
- Essential:
-SCM500 Processes in Procurement or corresponding SAP knowledge in materials management area - Recommended:
-A solid understanding of the inventory management process.
Course Details
Course Content
- Introduction to Inventory Management
-Defining Inventory Management and Physical Inventory
-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 in Inventory Management
-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
Notes
- This course is also available in a self-paced e-learning format, complete with system demos and simulations under course code SC510E
Course based on software release
- SAP ERP 6.0 with Enhancement Package 7
Schedule
FAQ
Does the course schedule include a Lunchbreak?
Classes typically include a 1-hour lunch break around midday. However, the exact break times and duration can vary depending on the specific class. Your instructor will provide detailed information at the start of the course.
What languages are used to deliver training?
Most courses are conducted in English, unless otherwise specified. Some courses will have the word "FRENCH" marked in red beside the scheduled date(s) indicating the language of instruction.
What does GTR stand for?
GTR stands for Guaranteed to Run; if you see a course with this status, it means this event is confirmed to run. View our GTR page to see our full list of Guaranteed to Run courses.
How do I find an Ascendient Learning training location?
We have training locations across the United States and Canada - View a complete list of classroom training locations.
Which delivery formats are available?
At Ascendient Learning, we offer training that is Instructor-Led, Online, Virtual, and Self-Paced.
Does Ascendient Learning deliver group training?
Yes, we provide training for groups, individuals and private on sites. View our group training page for more information.
What does vendor-authorized training mean?
As a vendor-authorized training partner, we offer a curriculum that our partners have vetted. We use the same course materials and facilitate the same labs as our vendor-delivered training. These courses are considered the gold standard and, as such, are priced accordingly.
Is the training too basic, or will you go deep into technology?
It depends on your requirements, your role in your company, and your depth of knowledge. The good news about many of our learning paths, you can start from the fundamentals to highly specialized training.
How up-to-date are your courses and support materials?
We continuously work with our vendors to evaluate and refresh course material to reflect the latest training courses and best practices.
Are your instructors seasoned trainers who have deep knowledge of the training topic?
Ascendient Learning instructors have an average of 27 years of practical IT experience and have also served as consultants for an average of 15 years. To stay current, instructors spend at least 25 percent of their time learning new, emerging technologies and courses.
Do you provide hands-on training and exercises in an actual lab environment?
Lab access is dependent on the vendor and the type of training you sign up for. However, many of our top vendors will provide lab access to students to test and practice. The course description will specify lab access.
Will you customize the training for our company’s specific needs and goals?
We will work with you to identify training needs and areas of growth. We offer a variety of training methods, such as private group training, on-site of your choice, and virtually. We provide courses and certifications that are aligned with your business goals.
How do I get started with certification?
Getting started on a certification pathway depends on your goals and the vendor you choose to get certified in. Many vendors offer entry-level IT certification to advanced IT certification that can boost your career. To get access to certification vouchers and discounts, please contact info@ascendientlearning.com.
Will I get access to content after I complete a course?
You will get access to the PDF of course books and guides, but access to the recording and slides will depend on the vendor and type of training you receive.
How do I request a W9 for Ascendient Learning?
View our filing status and how to request a W9.
Reviews
The instructor was thorough and they also provided hands-on demonstrations with labs.
I was very pleased with the course setup by ExitCertified and the instructor.
Topics, material and specially instructor (Graham Godfrey) was beyond my expectations.
Very interactive and in-depth course that really got me ready for the industry
Exit certified was great as it is very in depth and hands on learning which made it very easy to learn this type of work.
