What is on-hand inventory in SAP MA-SMOPS - SmartOps?

SAP Term: on-hand inventory

• Component: MA-SMOPS

• Component Name: SmartOps

• Description: The inventory that is physically available to fill demand, which is all types of stock except pipeline. Specifically, it includes cycle, safety, merchandising and prebuild stock, if applicable.

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• Key Concepts: 
  On-hand inventory is the amount of a product or material that is physically available in a warehouse or store. It is also known as “on-hand stock” or “on-hand quantity”. On-hand inventory is tracked and managed by SAP’s MA-SMOPS SmartOps module. 
  
  How to use it: 
  MA-SMOPS SmartOps allows users to track and manage on-hand inventory in real time. It provides visibility into the current stock levels, enabling users to make informed decisions about ordering and stocking levels. The module also allows users to set up alerts for when stock levels reach certain thresholds, so they can take action quickly. 
  
  Tips & Tricks: 
  It is important to keep accurate records of on-hand inventory, as this can help prevent overstocking or understocking of materials. Additionally, it is important to regularly review and update the on-hand inventory records in order to ensure accuracy. 
  
  Related Information: 
  MA-SMOPS SmartOps is part of SAP’s Supply Chain Management suite of products. It can be used in conjunction with other modules such as SAP Inventory Management and SAP Warehouse Management for a comprehensive view of inventory levels across multiple warehouses and stores.