What is storage group in SAP SRD-SCM-MD - SCM-Master Data?

SAP Term: storage group

• Component: SRD-SCM-MD

• Component Name: SCM-Master Data

• Description: A hierarchy of product groups that can be used to structure the products that are stored in a warehouse. In day-to-day business, storage groups can be used: In combination with destination determination rules to specify where products are sourced and replenished. To assign products to a logistics unit. As a constraint when products are put away, so that only products from a certain storage group are stored in a logistics area.

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• Key Concepts: 
  A storage group is a type of organizational unit in SAP that is used to group together materials with similar characteristics. It is used to simplify the process of managing and tracking materials in the system. Storage groups are used to assign materials to specific storage locations, and they can also be used to assign specific material characteristics, such as shelf life or expiration date. 
  
  How to use it: 
  Storage groups can be created in the SAP system by navigating to the SRD-SCM-MD SCM-Master Data component. Once a storage group has been created, materials can be assigned to it by entering the material number and storage group number into the system. The material will then be associated with the storage group and can be tracked and managed accordingly. 
  
  Tips & Tricks: 
  When creating a storage group, it is important to consider how materials will be grouped together. For example, if materials have different shelf lives, it may be beneficial to create separate storage groups for each shelf life. This will make it easier to track and manage materials in the system. 
  
  Related Information: 
  Storage groups are closely related to other organizational units in SAP, such as material types and material groups. It is important to understand how these units interact with each other in order to effectively manage materials in the system. Additionally, storage groups can be used in conjunction with other features of SAP, such as inventory management and warehouse management.