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

SAP Term: inventory item

• Component: SRD-SCM-WME

• Component Name: SCM-Warehousing and Manufacturing Execution

• Description: The unique combination of a material, its quantity, and its properties, for example, the logistics area within which it is held in storage.

Smart SAP Assistant

• Key Concepts: 
  An inventory item is a type of material in SAP that is used to track the quantity and value of a particular item in stock. It is used to manage the inventory of a company, including tracking the movement of goods, calculating the cost of goods sold, and managing stock levels. 
  
  How to use it: 
  Inventory items can be created in SAP using the Materials Management (MM) module. The MM module allows users to create and manage inventory items, as well as track their movement and cost. The inventory item can then be used in other modules such as Sales and Distribution (SD) or Warehouse Management (WM). 
  
  Tips & Tricks: 
  When creating an inventory item, it is important to ensure that all relevant information is included. This includes the item’s description, unit of measure, and any other relevant information. Additionally, it is important to ensure that the inventory item is properly linked to other relevant materials in SAP. 
  
  Related Information: 
  The SRD-SCM-WME SCM-Warehousing and Manufacturing Execution module provides additional functionality for managing inventory items. This includes features such as stock transfer orders, stock reservations, and stock counting. Additionally, this module provides tools for managing production orders and tracking production costs.