What is dynamic storage bin in SAP LE-WM - Warehouse Management?

SAP Term: dynamic storage bin

• Component: LE-WM

• Component Name: Warehouse Management

• Description: A storage slot in a logical or physical storage type that is identified by the document number that caused the movement. &EXAMPLE& When you specify in a movement type that an interim storage type has dynamic coordinates, the system posts quants to a storage bin whose coordinates are defined at the time the movement is posted. The coordinates for the storage bin are created from a specific account assignment, for example, a purchase order. The dynamic storage bin in the interim storage area is the same as the number of the document that triggered the movement.

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• Key Concepts: 
  Dynamic storage bin is a feature of SAP Warehouse Management (LE-WM) that allows for the automatic assignment of storage bins to goods movements. This feature eliminates the need for manual bin assignment and ensures that goods are stored in the most efficient way possible. It also helps to reduce errors and improve warehouse efficiency. 
  
  How to use it: 
  Dynamic storage bin can be used in SAP Warehouse Management (LE-WM) by setting up a dynamic storage bin strategy. This strategy defines the criteria for assigning storage bins, such as the type of material, the quantity of material, and the location of the material. Once this strategy is set up, it will automatically assign storage bins to goods movements based on these criteria. 
  
  Tips & Tricks: 
  When setting up a dynamic storage bin strategy, it is important to consider the size and shape of the materials being stored. This will help ensure that the most efficient storage bin is assigned for each goods movement. Additionally, it is important to consider any special requirements that may be needed for certain materials, such as temperature control or hazardous material handling. 
  
  Related Information: 
  Dynamic storage bin is just one of many features available in SAP Warehouse Management (LE-WM). Other features include inventory management, stock transfer, and goods receipt/issue. Additionally, there are many other tools available to help manage warehouse operations, such as barcode scanners and RFID readers.