What is on-hand in SAP MFG-LPO - SAP Lean Planning and Operations (SAP LPO)?

SAP Term: on-hand

• Component: MFG-LPO

• Component Name: SAP Lean Planning and Operations (SAP LPO)

• Description: Available.

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• Key Concepts: 
  On-hand is a term used in SAP Lean Planning and Operations (SAP LPO) to refer to the amount of inventory that is physically present in a warehouse or other storage facility. It is the actual quantity of items that are available for use or sale. On-hand inventory is tracked in SAP LPO to ensure that there is enough stock to meet customer demand.
  
  How to Use It: 
  In SAP LPO, on-hand inventory is tracked by entering the quantity of items that are physically present in the warehouse or other storage facility. This information can be used to determine the amount of stock that needs to be ordered from suppliers, as well as the amount of stock that needs to be moved from one location to another. The on-hand inventory can also be used to generate reports that provide insight into the current state of the inventory.
  
  Tips & Tricks: 
  It is important to keep track of on-hand inventory in SAP LPO in order to ensure that there is enough stock available to meet customer demand. To do this, it is important to regularly update the on-hand inventory information in SAP LPO and to monitor any changes in customer demand. Additionally, it is important to ensure that all warehouses and other storage facilities are accurately reporting their on-hand inventory levels.
  
  Related Information: 
  On-hand inventory is just one part of managing an effective supply chain. Other important aspects include forecasting customer demand, managing supplier relationships, and optimizing production processes. Additionally, SAP LPO provides tools for managing these aspects of supply chain management, such as demand planning and production scheduling tools.