Error in Production Order creation : No Production Storage Bin could be fou

Hi Experts,

I am creating Production Order for a Warehouse Managed Material. On saving the Material, it is resulting in an error saying " No production storage bin could be found (8005 RX1 000000000001802347)u201D

Message No : LP 093.

I guess some master data is missing. Please give some inputs on closing this.

Thank you,

Regards,

Ramakrishna