What is continuous inventory in SAP LE-WM - Warehouse Management?

SAP Term: continuous inventory

• Component: LE-WM

• Component Name: Warehouse Management

• Description: An inventory method in the system that can be used any day of the fiscal year. The following types of continuous inventory are possible: Continuous inventory of specific storage types on selected days during the year Continuous inventory during stock placement Continuous inventory based on zero stock check

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• Key Concepts: 
  Continuous inventory is a feature of SAP Warehouse Management (LE-WM) that allows for the continuous tracking of inventory levels. This feature allows for the real-time monitoring of stock levels, enabling users to make informed decisions about inventory management. It also helps to reduce the risk of stock-outs and overstocking.
  
  How to use it: 
  Continuous inventory can be used to monitor stock levels in real-time. This feature can be used to identify when stock levels are low and need to be replenished, or when stock levels are high and need to be reduced. It can also be used to identify any discrepancies between actual and expected stock levels.
  
  Tips & Tricks: 
  When using continuous inventory, it is important to ensure that all data is accurate and up-to-date. This will help ensure that the system is providing accurate information about stock levels. Additionally, it is important to regularly review the data to ensure that any discrepancies are identified and addressed quickly.
  
  Related Information: 
  Continuous inventory is closely related to other features of SAP Warehouse Management, such as cycle counting and physical inventory. Cycle counting is a process used to count a portion of the inventory on a regular basis, while physical inventory is a process used to count all of the inventory in a warehouse at one time. Both of these processes can help ensure that the data provided by continuous inventory is accurate and up-to-date.