Inventory Management and Optimization in Sap Erp

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)

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.