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

SAP Term: target inventory quantity

• Component: SRD-SCM-WME

• Component Name: SCM-Warehousing and Manufacturing Execution

• Description: The desired inventory quantity after the replenishment or removal process. This quantity is used to calculate the inventory that needs to be removed or replenished.

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• Key Concepts: 
  Target inventory quantity is a term used in SAP's SCM-Warehousing and Manufacturing Execution component. It is the desired amount of inventory that a company wants to maintain in order to meet customer demand. This quantity is determined by taking into account the lead time for replenishment, the desired service level, and the safety stock. 
  
  How to use it: 
  The target inventory quantity can be set in SAP's SCM-Warehousing and Manufacturing Execution component. This can be done by entering the desired quantity in the “Target Inventory Quantity” field. The system will then calculate the necessary replenishment orders to maintain this target inventory level. 
  
  Tips & Tricks: 
  It is important to regularly review and adjust the target inventory quantity as customer demand and lead times change. This will ensure that the desired service level is maintained while avoiding overstocking or understocking of inventory. 
  
  Related Information: 
  The target inventory quantity is closely related to other SAP terms such as safety stock, reorder point, and lead time. It is important to understand how these terms interact with each other in order to effectively manage inventory levels.