What is production storage bin in SAP PP - Production Planning and Control?

SAP Term: production storage bin

• Component: PP

• Component Name: Production Planning and Control

• Description: A defined location in production at which a material is stored for an intermediate, short period. The material has been released for production.

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• Key Concepts: 
  Production storage bin is a component of SAP Production Planning and Control (PP) module. It is a physical location in the warehouse where materials are stored and managed. The production storage bin is used to store materials that are used in production processes, such as raw materials, semi-finished products, and finished products. 
  
  How to use it: 
  The production storage bin is used to manage the inventory of materials in the warehouse. It can be used to track the quantity of materials in the warehouse, as well as their location. The production storage bin can also be used to track the movement of materials from one location to another. 
  
  Tips & Tricks: 
  When setting up a production storage bin, it is important to ensure that it is properly labeled and organized. This will help ensure that materials are stored in the correct location and can be easily located when needed. Additionally, it is important to regularly check the inventory levels in the production storage bin to ensure that there are enough materials available for production processes. 
  
  Related Information: 
  The production storage bin is closely related to other components of SAP Production Planning and Control, such as material requirements planning (MRP) and warehouse management (WM). MRP helps to plan and manage the supply of materials needed for production processes, while WM helps to manage the movement of materials within the warehouse.