What is expired stock in SAP EPM-SCP - Supply Chain Performance Management?

SAP Term: expired stock

• Component: EPM-SCP

• Component Name: Supply Chain Performance Management

• Description: Items in inventory that are no longer usable because they are beyond the expiry date.

Smart SAP Assistant

• Key Concepts: 
  Expired stock is a term used in SAP EPM-SCP Supply Chain Performance Management to refer to inventory that has passed its expiration date and is no longer usable. This type of stock can be a result of incorrect forecasting, overstocking, or other supply chain issues. It is important to track expired stock in order to identify and address any underlying issues in the supply chain.
  
  How to use it: 
  In SAP EPM-SCP Supply Chain Performance Management, expired stock can be tracked by setting up an expiration date for each item in the inventory. This expiration date can be set manually or automatically based on the product's shelf life. Once the expiration date has been set, the system will automatically flag any items that have passed their expiration date as expired stock.
  
  Tips & Tricks: 
  It is important to regularly review the inventory and check for any expired stock. This will help to identify any underlying issues in the supply chain and allow for corrective action to be taken. Additionally, it is important to ensure that all items in the inventory have an expiration date set so that expired stock can be identified quickly and easily.
  
  Related Information: 
  SAP EPM-SCP Supply Chain Performance Management also provides other features such as demand forecasting, inventory optimization, and supply chain analytics which can help to reduce the amount of expired stock in the inventory. Additionally, there are various third-party tools available which can help to automate the process of tracking and managing expired stock.