What is on-order stock in SAP MM-PUR - Purchasing?

SAP Term: on-order stock

• Component: MM-PUR

• Component Name: Purchasing

• Description: The sum of all open purchase order quantities for a material.

Smart SAP Assistant

• Key Concepts: 
  On-order stock is a type of inventory that is ordered from a vendor but has not yet been received. It is also known as open purchase order stock. This type of stock is tracked in the SAP system and can be used to plan future purchases. 
  
  How to use it: 
  In the MM-PUR Purchasing component of SAP, on-order stock can be tracked and managed. The system allows users to view the quantity of on-order stock, the expected delivery date, and the vendor from which it was ordered. This information can be used to plan future purchases and ensure that there is enough inventory on hand to meet customer demand. 
  
  Tips & Tricks: 
  It is important to regularly review the on-order stock in SAP to ensure that it is up-to-date and accurate. This will help to avoid any potential issues with inventory shortages or overstocking. Additionally, it is important to monitor the expected delivery date of on-order stock to ensure that it arrives in a timely manner. 
  
  Related Information: 
  On-order stock is closely related to other types of inventory such as safety stock and consignment stock. Safety stock is inventory that is kept on hand in case of unexpected demand or supply disruptions, while consignment stock is inventory that is owned by a vendor but stored at a customer’s location.