What is free quantity in SAP SRD-SCM-WME - SCM-Warehousing and Manufacturing Execution?

SAP Term: free quantity

• Component: SRD-SCM-WME

• Component Name: SCM-Warehousing and Manufacturing Execution

• Description: A quantity of stock that is available, which is sum of the on-hand stock, allocated demand and inbound quanity of stock.

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• Key Concepts: 
  Free quantity is a term used in SAP's SCM-Warehousing and Manufacturing Execution component. It is a quantity of a material that is available for use in production, but not yet assigned to a specific order. This quantity is not reserved for any particular order, and can be used for any production order. 
  
  How to use it: 
  The free quantity of a material can be viewed in the Material Master Data view in SAP. This view will show the total quantity of the material available, as well as the free quantity. The free quantity can then be used to fulfill production orders. 
  
  Tips & Tricks: 
  It is important to keep track of the free quantity of materials, as it can be used to quickly fulfill production orders without having to wait for new materials to be ordered or delivered. This can help reduce lead times and increase efficiency. 
  
  Related Information: 
  The free quantity of a material is related to the reserved quantity, which is the amount of material that has been assigned to a specific order but has not yet been used in production. The reserved quantity can also be viewed in the Material Master Data view in SAP.