What is stock item in SAP SCM-ECT-LIM - Logistics Inventory Management Engine?

SAP Term: stock item

• Component: SCM-ECT-LIM

• Component Name: Logistics Inventory Management Engine

• Description: The smallest physical object that can be identified in a logistics process. A stock item contains, amongst other things, the stock quantity, and cannot be further divided in the logistics process. It can be further divided in production. &EXAMPLE& Material, trade item, stockkeeping unit, lot, serial number, manufacturer part number. A value-only article is a stock item that uses the currency unit as its unit of measure.

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• Key Concepts: 
  A stock item is a type of material that is managed in the Logistics Inventory Management Engine (LIM) component of SAP. It is a physical item that can be stored in a warehouse and tracked by the system. Stock items are typically used to track inventory, such as raw materials, finished goods, and spare parts. 
  
  How to use it: 
  Stock items can be created in the LIM component of SAP. The system will assign a unique identifier to each stock item, which can be used to track the item's movements within the warehouse. The system also allows users to set up stock levels for each item, so that they can be monitored and replenished when necessary. 
  
  Tips & Tricks: 
  When creating stock items in SAP, it is important to ensure that all relevant information is entered accurately. This includes the item's description, unit of measure, and any other relevant details. It is also important to ensure that the stock levels are set correctly, so that the system can accurately track inventory levels. 
  
  Related Information: 
  The LIM component of SAP also allows users to manage other types of materials, such as non-stock items and services. Additionally, users can set up rules for managing inventory levels, such as reorder points and safety stocks. For more information on managing materials in SAP, please refer to the official documentation.