What is inventory adjustment in SAP SRD-SCM-WME - SCM-Warehousing and Manufacturing Execution?

SAP Term: inventory adjustment

• Component: SRD-SCM-WME

• Component Name: SCM-Warehousing and Manufacturing Execution

• Description: An unplanned count in which one or more specific stock items in specific logistics areas are counted, and then the result is confirmed in the system by an authorized person.

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• Key Concepts: 
  Inventory adjustment is a process in SAP's SCM-Warehousing and Manufacturing Execution (SRD-SCM-WME) component that allows users to adjust the quantity of an item in inventory. This process is used to correct discrepancies between the actual quantity of an item in inventory and the quantity that is recorded in the system. 
  
  How to use it: 
  Inventory adjustments can be made by accessing the Inventory Adjustment app in the SRD-SCM-WME component. From there, users can select the item they wish to adjust and enter the new quantity. The system will then update the inventory records accordingly. 
  
  Tips & Tricks: 
  When making an inventory adjustment, it is important to ensure that all relevant information is entered correctly. This includes the item number, quantity, and any other relevant details. Additionally, it is important to document any adjustments that are made so that they can be tracked and reviewed later if necessary. 
  
  Related Information: 
  Inventory adjustments are closely related to other processes such as stock transfers and goods receipts/issues. It is important to understand how these processes interact with each other in order to ensure accurate inventory records. Additionally, understanding how inventory adjustments work can help users identify potential issues with their inventory records and take corrective action as needed.