What is 'slow-moving item' in SAP LO-LIS - Logistics Information System (LIS)?

slow-moving item - Overview

• Component: LO-LIS

• Component Name: Logistics Information System (LIS)

• Description: A stored material that has not been moved for a long time for example, there has been no receipt or issue of the material over a protracted period.

slow-moving item - Details

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  Key Concepts: 
  A slow-moving item is a material or product that has a low demand or sales rate. In the Logistics Information System (LIS) component of SAP, slow-moving items are identified and tracked to help businesses manage their inventory more efficiently. 
  
  How to use it: 
  In SAP, slow-moving items can be identified by running the LIS report. This report will show the sales rate of each item over a certain period of time. Items with a low sales rate are considered slow-moving items and can be managed accordingly. 
  
  Tips & Tricks: 
  It is important to regularly review the LIS report to identify slow-moving items. This will help businesses make informed decisions about their inventory and ensure that they are not overstocking items that have low demand. 
  
  Related Information: 
  The LIS report can also be used to identify fast-moving items, which are items with high demand or sales rate. Knowing which items are fast-moving and which are slow-moving can help businesses optimize their inventory management and maximize profits.