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 Duration 14 hours

Course Outline

Introduction to MRP and Inventory Management within SAP

  • Overview of SAP ERP and its integrated functions
  • Familiarization with the Materials Management (MM) and MRP modules
  • Core principles of material planning and inventory oversight

Core MRP Concepts and Planning Workflows

  • Defining MRP and its significance in material planning
  • Different MRP types and their specific use cases
  • Understanding MRP calculation logic and data interdependencies

Setting Up MRP in SAP

  • Establishing planning parameters such as lead times, order quantities, and planning methods
  • Configuring material master data for MRP compatibility
  • Executing MRP runs and analyzing the resulting data

Refining MRP and Managing Exceptions

  • Detecting and resolving planning discrepancies
  • Tuning MRP parameters to enhance planning accuracy
  • Developing strategies to mitigate supply chain disruptions

Inventory Management Operations in SAP

  • Processing goods receipts and updating inventory records
  • Applying various inventory valuation methods
  • Categorizing inventory types, including raw materials, work-in-progress, and finished goods

Stock Control and Material Flow

  • Monitoring stock transfers across different warehouses
  • Implementing real-time inventory surveillance
  • Managing restricted and non-compliant materials

Cycle Counting and Physical Inventory Corrections

  • Performing cycle counts and executing stock adjustments
  • Aligning SAP records with physical stock levels
  • Automating the inventory reconciliation process

Consignment Stock Operations

  • Comprehending consignment stock mechanics in SAP
  • Overseeing supplier-owned materials held in company facilities
  • Processing consignment-related transactions within SAP

Creating and Reviewing Inventory Reports

  • Leveraging SAP reporting tools for inventory analysis
  • Customizing reports to extract business-relevant insights
  • Utilizing inventory data for strategic decision-making

Conclusion and Future Actions

Requirements

  • A foundational grasp of inventory management principles
  • General knowledge of Enterprise Resource Planning (ERP) platforms
  • Prior SAP experience is not mandatory but is advantageous

Target Audience

  • Warehouse managers and leaders
  • Inventory analysts
  • Warehouse operations staff
  • Professionals in supply chain and logistics

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