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

SAP Term: stock type

• Component: MM-IM

• Component Name: Inventory Management

• Description: A means of subdividing storage location stock or special stock. The stock type gives an indication of a material's usability. The storage location stock and special stocks on hand on an enterprise's own premises are divided into the following types: Unrestricted-use stock Stock in quality inspection Blocked stock Special stocks at vendors' or customers' sites are divided into the following types: Unrestricted-use stock Stock in quality inspection If batch status management is active, a further stock type is supported: "restricted-use stock". The stock type is of relevance in determining available stock in Material Requirements Planning, and for material withdrawals and the physical inventory process in .

Smart SAP Assistant

• Key Concepts: 
  Stock type is a classification of inventory in SAP that is used to differentiate between different types of stock. It is used to determine the valuation and movement of inventory, as well as the availability of stock for sales orders. Stock types are defined in the SAP system and can be used to group materials with similar characteristics. 
  
  How to use it: 
  In SAP, stock types are used to differentiate between different types of inventory. For example, a company may have two different stock types: raw materials and finished goods. The stock type is assigned to each material in the system and determines how the material is valued, moved, and available for sales orders. 
  
  Tips & Tricks: 
  When setting up stock types in SAP, it is important to consider how the different types of inventory will be managed. For example, if a company has multiple warehouses, it may be beneficial to create separate stock types for each warehouse. This will allow for more accurate tracking of inventory levels and movements. 
  
  Related Information: 
  In SAP MM-IM Inventory Management, stock types are used to differentiate between different types of inventory. They are used to determine the valuation and movement of inventory, as well as the availability of stock for sales orders. Stock types can also be used to group materials with similar characteristics.