What is stock management level in SAP MM-IM - Inventory Management?

SAP Term: stock management level

• Component: MM-IM

• Component Name: Inventory Management

• Description: The total of all stock management units that have the following in common: In , plant, storage location, material type, and stock type In Warehouse Management, warehouse number and storage type Stock management units are assigned to a sample-based physical inventory through stock management levels.

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• Key Concepts: 
  Stock management level is a feature of SAP Inventory Management (MM-IM) that allows users to define different levels of stock management for different materials. This allows users to control the amount of stock they have on hand and the amount of stock they need to order. The stock management level also helps users to determine when to order more stock and when to reduce their inventory levels. 
  
  How to use it: 
  In order to use the stock management level feature, users must first define the different levels of stock management for each material. This can be done in the Material Master Data screen in SAP. Once the levels are defined, users can then set up rules for each level that will determine when to order more stock and when to reduce inventory levels. 
  
  Tips & Tricks: 
  When setting up the stock management levels, it is important to consider the lead time for ordering materials and the cost associated with ordering too much or too little inventory. It is also important to consider any seasonal fluctuations in demand for materials when setting up the stock management levels. 
  
  Related Information: 
  The stock management level feature is closely related to other features in SAP Inventory Management such as safety stock, reorder point, and minimum order quantity. These features can be used in conjunction with the stock management level feature to ensure that inventory levels are kept at an optimal level.