Supply Chain Management
SAP Inventory Management Process
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SAP Inventory Management Process

1
Identify the raw materials required for the production process
2
Calculate the number of raw material units needed
3
Check the availability of raw materials in the inventory
4
Approval: Raw Material Availability
5
Log the details of missing raw materials
6
Generate purchase request for missing materials
7
Receive goods and process the goods receipt
8
Update the inventory management system with added materials
9
Perform regular inventory counts
10
Compare physical counts with system data
11
Identify discrepancies between the physical count and system data
12
Approval: Discrepancy Identification
13
Investigate identified discrepancies
14
Update the inventory records if necessary
15
Generate inventory reports
16
Scrutinize and analyze inventory reports
17
Approval: Inventory Report
18
Identify inventory trends
19
Predict future demand based on inventory trends
20
Plan for procurement and production accordingly

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