What is storage costs in SAP PP-MRP - Material Requirements Planning?

SAP Term: storage costs

• Component: PP-MRP

• Component Name: Material Requirements Planning

• Description: The costs incurred from the storage of a material. They are recorded in the material master record as a percentage of the valuation price, and are referred to by optimizing lot-sizing procedures during lot-size calculation.

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• Key Concepts: 
  Storage costs are the costs associated with storing materials in a warehouse. This includes the cost of the warehouse itself, as well as the cost of labor, utilities, and other overhead associated with running the warehouse. In SAP's PP-MRP Material Requirements Planning component, storage costs are taken into account when calculating the total cost of a material. 
  
  How to use it: 
  In order to use storage costs in SAP's PP-MRP Material Requirements Planning component, you must first enter the cost of the warehouse and any associated overhead into the system. Once this is done, you can then enter the quantity of materials that need to be stored in the warehouse and the system will automatically calculate the total storage cost for that material. 
  
  Tips & Tricks: 
  When entering storage costs into SAP's PP-MRP Material Requirements Planning component, it is important to make sure that all associated overhead costs are included. This will ensure that the total storage cost is accurately calculated and that no additional costs are incurred. 
  
  Related Information: 
  For more information on how to use storage costs in SAP's PP-MRP Material Requirements Planning component, please refer to SAP's official documentation on the subject. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature in SAP.