Download - Inventory Management
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Inventory Optimization with SAP
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Steps
Standardization of Spare and Store Materials i.e. interchangeability, Duplicity.
Seasonal Material Requirement Planning.
Vendor Managed Inventory.
Repair and Maintenance Budget Controlling.
PO Delivery reminders to vendors.
Alert for Stock Levels i.e PDC.
PR Return Cycle
Inventory Optimization
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Vendor Managed Inventory
PO Creation w.r.t. Info Record
GRN against PO
Stock Overview Goods Issue
Excise Capture without PO
PO Creation w.r.t. Info Record
GRN against POZero Value
Consignment Settlement
Vendor Payment
PO Creation w.r.t. Info Record
GRN against PO
PO Creation w.r.t. Info Record
Stock Overview
GRN against PO
Info Record Creation
PO Creation w.r.t. Info Record
GRN against PO
PO Creation w.r.t. Info Record
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Stock Overview
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Repair and Maintenance Budget Controlling
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Budget Controlling
System checks budget positions at the of PR Release.HOD is allowed to Release PR upto 85 % of budget after thatPR required COO Approval.
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PO Delivery Reminders
Automatic Delivery reminders are used to send email to Vendors
Examples-Delivery Date- 10 Aug-2014
Reminders1) 01 Aug 20142) 17 Aug 20143) 25 Aug 2014
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Automatic Mail to Vendor as PDF attachment in below Format
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Alert for Stock Levels
Sometime Material already delivered at store but user not picking material from Stores which results in High Inventory Levels
At the time of PR Creation user need to enter Planned Date of Consumption for each Item.
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PR Return Cycle
Unclear and insufficient specification in Released PRs
PR to PO Conversion Time – 15 Days
(Release Date – PO Creation Date)Process-
* Buyer Can return PR to user with reason.(Auto Purchasing Blocked) Automatic Email to HOD.* User will correct PR and revert to Buyer.* Auto notification to buyer.
Now PR to PO Conversion Lead Time(Release Date/User Return Date – PO Creation Date)