What is stock removal strategy in SAP LE-WM - Warehouse Management?

SAP Term: stock removal strategy

• Component: LE-WM

• Component Name: Warehouse Management

• Description: A strategy in which the system automatically searches for a suitable quantin a storage type for a stock removal. You define a stock removal strategy, such as FIFO or LIFO, for each storage type. These strategies are used to optimize stockkeeping and material flow in the warehouse.

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• Key Concepts: 
  Stock removal strategy is a feature of SAP Warehouse Management (LE-WM) that helps to optimize the process of removing goods from a warehouse. It allows users to define rules for the removal of goods from a warehouse based on certain criteria, such as stock levels, expiration dates, and customer orders. This helps to ensure that the right goods are removed in the right order and at the right time.
  
  How to use it: 
  To use the stock removal strategy feature, users must first define the criteria for removal. This includes setting up rules for when goods should be removed from the warehouse, such as when stock levels reach a certain threshold or when customer orders need to be fulfilled. Once these rules have been set up, users can then use the stock removal strategy feature to automatically remove goods from the warehouse according to these rules.
  
  Tips & Tricks: 
  When setting up rules for stock removal, it is important to consider factors such as expiration dates and customer orders. This will help ensure that goods are removed in an efficient and timely manner. Additionally, it is important to regularly review and update the stock removal strategy rules in order to ensure that they remain relevant and effective.
  
  Related Information: 
  For more information about SAP Warehouse Management (LE-WM) and its features, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.