What is floor stock in SAP MFG-DM-ME - Digital Manufacturing Execution?

SAP Term: floor stock

• Component: MFG-DM-ME

• Component Name: Digital Manufacturing Execution

• Description: The quantities of raw materials or semi-finished products issued to the shop floor for consumption during manufacturing.

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• Key Concepts: 
  Floor stock is a term used in SAP's Digital Manufacturing Execution (MFG-DM-ME) component to refer to the inventory of materials and components that are stored on the factory floor. This inventory is used to ensure that production lines have the necessary materials and components available when needed. 
  
  How to use it: 
  Floor stock can be managed in SAP by setting up a floor stock location in the system. This location can then be used to track the inventory of materials and components that are stored on the factory floor. The system can also be used to generate reports on the current inventory levels, as well as to generate alerts when inventory levels are low. 
  
  Tips & Tricks: 
  It is important to regularly review and update the floor stock location in SAP to ensure that it accurately reflects the current inventory levels. Additionally, it is important to ensure that all materials and components stored in the floor stock location are properly labeled and tracked. 
  
  Related Information: 
  For more information on managing floor stock in SAP, please refer to the official SAP documentation on Digital Manufacturing Execution (MFG-DM-ME). Additionally, there are many third-party resources available online that provide additional tips and tricks for managing floor stock in SAP.