What is confirmed firm receipt in SAP SCM-ICH-IMO - Inventory Monitor?

SAP Term: confirmed firm receipt

• Component: SCM-ICH-IMO

• Component Name: Inventory Monitor

• Description: A key figure that represents the total quantity of firm replenishment orders that the supplier has confirmed using an ATP check.

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• Key Concepts: 
  Confirmed firm receipt is a term used in SAP's Inventory Monitor component of the Supply Chain Management (SCM) module. It is a process that confirms the receipt of goods from a vendor and records the quantity and quality of the goods received. This process is used to ensure that the goods received match the order placed and that any discrepancies are noted and addressed. 
  
  How to use it: 
  The confirmed firm receipt process is initiated when goods are received from a vendor. The goods are inspected for quantity and quality, and any discrepancies are noted. The vendor is then notified of the discrepancies, and the goods are accepted or rejected based on the results of the inspection. Once accepted, the quantity and quality of the goods are recorded in SAP's Inventory Monitor component. 
  
  Tips & Tricks: 
  It is important to ensure that all discrepancies are noted and addressed before accepting goods from a vendor. This will help to ensure that only quality goods are accepted and that any issues can be quickly resolved. Additionally, it is important to keep accurate records of all goods received in SAP's Inventory Monitor component to ensure accurate inventory tracking. 
  
  Related Information: 
  For more information on confirmed firm receipt, please refer to SAP's Inventory Monitor documentation or contact your local SAP representative. Additionally, there are many online resources available that provide detailed information on this process and how it can be used to improve inventory management.