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

SAP Term: physical inventory count

• Component: SRD-SCM-WME

• Component Name: SCM-Warehousing and Manufacturing Execution

• Description: The physical determination of the actual quantities of stock-on-hand, at a given storage location at a specific time, by counting, weighing, or measuring inventory items. Any necessary adjustments to book inventory are subsequently made on the basis of the physical inventory count.

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• Key Concepts: 
  Physical inventory count is a process in SAP's SCM-Warehousing and Manufacturing Execution (SRD-SCM-WME) component that allows users to count and record the physical inventory of a warehouse. This process is used to ensure that the actual inventory matches the inventory records in the system. 
  
  How to use it: 
  To use physical inventory count, users must first create an inventory count document in the system. This document will contain all of the items that need to be counted and their corresponding quantities. Once the document is created, users can then begin counting the items in the warehouse and recording them in the system. The system will then compare the actual inventory with the records in the system and alert users if there are any discrepancies. 
  
  Tips & Tricks: 
  When performing a physical inventory count, it is important to ensure that all items are counted accurately. To do this, it is recommended that users create a checklist of all items that need to be counted and use it as a reference when counting. Additionally, it is important to ensure that all items are counted in their correct locations so that discrepancies can be easily identified. 
  
  Related Information: 
  For more information on physical inventory count, please refer to SAP's official documentation on SCM-Warehousing and Manufacturing Execution (SRD-SCM-WME). Additionally, there are many online resources available that provide detailed instructions on how to perform a physical inventory count in SAP.