What is storage location in SAP SRD-SCM-WME - SCM-Warehousing and Manufacturing Execution?

SAP Term: storage location

• Component: SRD-SCM-WME

• Component Name: SCM-Warehousing and Manufacturing Execution

• Description: A place used for storing items in a warehouse or other repository.

Smart SAP Assistant

• Key Concepts: 
  Storage location is a physical place in a warehouse where goods are stored. It is used to manage the stock of goods and materials in a warehouse. It is an important part of the SAP Warehouse Management (WM) module. 
  
  How to use it: 
  Storage locations are used to store and manage goods and materials in a warehouse. They are used to track the quantity, quality, and location of goods and materials. Storage locations can be assigned to different warehouses, allowing for better control over inventory. 
  
  Tips & Tricks: 
  When creating storage locations, it is important to consider the size of the warehouse and the type of goods that will be stored in each location. This will help ensure that the storage locations are properly sized and organized for efficient storage and retrieval of goods. 
  
  Related Information: 
  The SAP Warehouse Management (WM) module provides tools for managing storage locations, including creating, editing, and deleting storage locations. It also provides tools for managing inventory levels, such as setting minimum and maximum stock levels for each storage location.