What is locator in SAP AP-MD - Master Data?

SAP Term: locator

• Component: AP-MD

• Component Name: Master Data

• Description: A type of navigation area for searching and selecting objects by means of flexible criteria. You can search for: Business transactions Products Business partners The locator contains a search area which is divided into several tab pages and a hit list of the objects that have been found.

Smart SAP Assistant

• Key Concepts: 
  A locator is a type of master data in the SAP AP-MD component. It is used to store information about the physical location of a material or item. This includes the warehouse, shelf, and bin where the item is stored. It also stores information about the quantity of the item in that location. 
  
  How to use it: 
  The locator can be used to track and manage inventory in a warehouse. It can be used to determine where an item is located and how much of it is available. This information can then be used to plan and optimize inventory management processes. 
  
  Tips & Tricks: 
  When creating a locator, it is important to ensure that all relevant information is included. This includes the warehouse, shelf, and bin numbers as well as the quantity of the item in that location. This will help ensure that inventory is accurately tracked and managed. 
  
  Related Information: 
  The locator is part of the SAP AP-MD component, which also includes other types of master data such as material masters and vendor masters. This component can be used to manage and optimize inventory processes in a warehouse.