What is raw material in SAP SRD-SCM-WME - SCM-Warehousing and Manufacturing Execution?

SAP Term: raw material

• Component: SRD-SCM-WME

• Component Name: SCM-Warehousing and Manufacturing Execution

• Description: A purchased or extracted item, transformed by production processes to form part or all of a finished good.

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• Key Concepts: 
  Raw material is a type of inventory item used in the production of goods. It is a basic component that is used to create a finished product. Raw materials can be either purchased from outside suppliers or produced in-house. They are typically stored in warehouses and tracked using SAP's Warehouse and Manufacturing Execution (WME) module. 
  
  How to use it: 
  The WME module allows users to track raw materials from the time they are received until they are used in production. This includes tracking the quantity, quality, and cost of each item. The module also allows users to manage inventory levels, plan production runs, and monitor production progress. 
  
  Tips & Tricks: 
  When tracking raw materials, it is important to ensure that the correct quantity and quality of items are available for production. This can be done by regularly monitoring inventory levels and adjusting production plans accordingly. Additionally, it is important to ensure that raw materials are stored properly to prevent spoilage or damage. 
  
  Related Information: 
  The WME module is part of SAP's Supply Chain Management (SCM) suite of products. Other modules in the SCM suite include Sales and Operations Planning (SOP), Demand Planning (DP), and Supply Network Collaboration (SNC). These modules work together to provide an integrated view of the supply chain and help companies optimize their operations.