What is pool in SAP MM - Materials Management?

SAP Term: pool

• Component: MM

• Component Name: Materials Management

• Description: A group of materials formed for the purpose of LIFO valuation. LIFO stands for "last in, first out".

Smart SAP Assistant

• Key Concepts: 
  Pool is a term used in Materials Management (MM) in SAP. It is a type of inventory item that is used to store materials that are similar in characteristics and can be used interchangeably. Pool items are usually used for materials that are not tracked individually, such as raw materials, spare parts, and components. 
  
  How to use it: 
  Pool items can be created in the SAP system by entering the material number, description, and other relevant information. When creating a pool item, the user must specify the quantity of the item and the unit of measure. The pool item can then be used in purchasing documents, sales orders, and other documents. 
  
  Tips & Tricks: 
  When creating a pool item, it is important to ensure that all relevant information is entered correctly. This will help to ensure that the pool item can be used correctly in transactions. Additionally, it is important to keep track of the quantity of the pool item so that it can be replenished when needed. 
  
  Related Information: 
  For more information on pool items in Materials Management (MM) in SAP, please refer to the SAP Help Portal or contact your local SAP support team.