Hi Experts,
For implementing SAP, we need to decide the material types to be used in the company. Is it a best practice to define all custom material types by copying from standard material types? if yes, why?
Also, can you please guide me common material types to be used in a production company. I have listed a few but not have much experience in this
1. spare parts
2. Machine consumables
3. non-valuated materials
4. production tools
5. finished product
6. semi-finished products
7. scrap materials (since scrap is sold by the company)
8. non-stock materials
9. Standard items
10. General items
Please let me know if there are some other general material types used in a production company.