What is batch stock in SAP MM-IM - Inventory Management?

SAP Term: batch stock

• Component: MM-IM

• Component Name: Inventory Management

• Description: The sum total of all storage location stocks of a batch.

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• Key Concepts: 
  Batch stock is a type of inventory management in SAP that allows you to manage and track the quantity of a particular material or product in a specific batch. It is used to keep track of the quantity of a material or product that is available in a particular batch, as well as the expiration date of the batch. 
  
  How to use it: 
  In order to use batch stock, you must first create a batch master record for each material or product that you want to track. This master record will contain information such as the batch number, expiration date, and quantity. Once the master record is created, you can then assign it to a storage location and begin tracking the quantity of the material or product in that particular batch. 
  
  Tips & Tricks: 
  When creating a batch master record, it is important to ensure that all of the necessary information is included. This includes the batch number, expiration date, and quantity. Additionally, it is important to ensure that all batches are properly labeled and stored in an organized manner so that they can be easily identified and tracked. 
  
  Related Information: 
  Batch stock is part of SAP's Inventory Management (MM-IM) module. It is used to manage and track the quantity of materials or products in specific batches. Additionally, it can be used to track expiration dates and other important information related to each batch.