What is stock removal strategy in SAP SCM-EWM - Extended Warehouse Management?

SAP Term: stock removal strategy

• Component: SCM-EWM

• Component Name: Extended Warehouse Management

• Description: Method of performing the stock removal process from a business point of view where the system searches for a suitable quant within a storage type. You map stock removal strategies in the system using various settings, in particular with the stock removal rule for the storage type.

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• Key Concepts: 
  Stock removal strategy is a feature of SAP Extended Warehouse Management (SCM-EWM) that helps to optimize the stock removal process. It enables users to define rules for the removal of stock from a warehouse, based on factors such as stock levels, customer demand, and expiration dates. The strategy also helps to ensure that the right stock is removed at the right time, and that it is done in an efficient and cost-effective manner. 
  
  How to use it: 
  To use the stock removal strategy, users must first define the rules for stock removal. This includes setting parameters such as the minimum and maximum stock levels, customer demand, expiration dates, and other factors. Once these parameters are set, the system will automatically generate a list of items that need to be removed from the warehouse. The user can then review this list and decide which items should be removed first. 
  
  Tips & Tricks: 
  When setting up the stock removal strategy, it is important to consider all relevant factors. This includes not only customer demand and expiration dates, but also other factors such as storage costs and delivery times. Additionally, it is important to regularly review the list of items that need to be removed from the warehouse in order to ensure that the right items are being removed at the right time. 
  
  Related Information: 
  The stock removal strategy is part of SAP Extended Warehouse Management (SCM-EWM). Other features of this module include inventory management, order fulfillment, and warehouse optimization. Additionally, SAP offers a range of other solutions for supply chain management, including SAP Advanced Planning & Optimization (APO) and SAP Supply Chain Management (SCM).