If you manage your warehouse stocks with SAP Inventory Management (MM-IM), you manage the quantities and values of stocks in several storage locations.
In comparison, the WMS allows you to map your entire warehouse complex in detail to storage bin level. Not only do you gain an overview of the entire quantity of a material in the warehouse; you can also always determine exactly where a certain material currently is in your warehouse complex. With the WMS you can optimize the use of all of your storage bins and warehouse movements, and store material stocks from several plants together in warehouses with random storage.
If you are not using the Warehouse Management System, the storage location is the lowest level of inventory management in the system. In the Inventory Management (IM) component, the storage location is defined as the location of physical stock in a plant. In this case, storage locations make up the various warehouse facilities (or areas) of a warehousing complex (for example, high rack storage, picking area or bulk storage). However, you can only manage material stock in a fixed bin warehouse. Random storage is not possible. This type of fixed bin is different from a WMS storage bin in that it is entered into the material master record at the storage location level.
If you are using Inventory Management without WMS, you can assign one or several physical storage locations to each plant.
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