How to use OMM8 - Stock Removal Strat. Stringent FIFO

SAP Transaction Code - Details

• Transaction Code: OMM8

  Description: Stock Removal Strat. Stringent FIFO

  Release: S/4HANA and ECC 6

• • Program: SAPMOLVI

    Screen: 230

    Authorization Object:

  • Development Package: LVSC

    Package Description: Warehouse Management (WM) Customizing

    Parent Package: APPL

  • Module/Component: LE-WM-GF

    Description: Other Functions

Smart SAP Assistant

• SAP Tcode: OMM8 - Stock Removal Strat. Stringent FIFO

  
  Overview:
  The SAP transaction code OMM8 is used to manage stock removal strategies based on the First In First Out (FIFO) principle. This code allows users to set up a stringent FIFO strategy for stock removal, which ensures that the oldest stock is removed first. 
  
  Functionality:
  OMM8 enables users to set up a stringent FIFO strategy for stock removal. This ensures that the oldest stock is removed first, which helps to maintain accurate inventory records and prevent wastage. The code also allows users to define the order in which stocks are removed from different storage locations. 
  
  Step-by-step How to Use:
  1. Enter transaction code OMM8 in the command field. 
  2. Select the ‘Strict FIFO’ option from the list of available strategies. 
  3. Select the storage location from which you want to remove stock. 
  4. Enter the quantity of stock you want to remove from the storage location. 
  5. Confirm your selection and save your changes. 
  
  Other Recommendations:
  It is important to ensure that all stocks are removed in accordance with the stringent FIFO strategy, as this will help to maintain accurate inventory records and prevent wastage. Additionally, it is recommended that users regularly review their stock removal strategies and adjust them as needed in order to ensure optimal inventory management.