What is minimum required stock in SAP MA-SMOPS - SmartOps?

SAP Term: minimum required stock

• Component: MA-SMOPS

• Component Name: SmartOps

• Description: Minimum inventory kept in a retail or customer-facing location. May be used for showroom or demonstration purposes, but is typically included in inventory available to meet demand. Also known as showroom inventory or display stock.

Smart SAP Assistant

• Key Concepts: 
  Minimum required stock is a feature of SAP's SmartOps (MA-SMOPS) module that helps companies maintain an optimal level of inventory. It allows users to set a minimum stock level for each item in their inventory, and then automatically adjust the order quantity to ensure that the minimum stock level is maintained. This helps to ensure that the company has enough inventory on hand to meet customer demand, while avoiding overstocking and unnecessary costs.
  
  How to use it: 
  To use the minimum required stock feature, users must first set up the minimum stock level for each item in their inventory. This can be done by entering the desired minimum stock level into the SmartOps module. Once this is done, the system will automatically adjust the order quantity for each item to ensure that the minimum stock level is maintained.
  
  Tips & Tricks: 
  When setting up the minimum stock levels, it is important to consider both customer demand and lead times. Setting too low of a minimum stock level can lead to stockouts, while setting too high of a minimum stock level can lead to overstocking and unnecessary costs. It is also important to regularly review and adjust the minimum stock levels as customer demand and lead times change over time.
  
  Related Information: 
  For more information on SAP's SmartOps module, please visit https://www.sap.com/products/smartops.html. Additionally, there are many resources available online that provide tips and best practices for setting up and managing inventory levels using SAP's SmartOps module.