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Continous Inventory Process

Dear All,

I am in the process of carrying out a continous inventory process and have some queries pertaining to this.

1. When a Stock count is done could we have stocks in the temporary storage type ( or should we at all times ensure that we

clear the stocks in the temporary storage type and then start with the count)

Whats the standard and advised practice with regard to this.

2. What is the main difference in using Continous Inventory & Physical Inventory Process

In our system we have MM already in place, so do we have to use both inventory process or stick with Continous Inventory

3. I have noticed when an inventory record is created, the bins which are to be counted are blocked. Which is the right thing to

do. But in the event i decide to stop the count how do i release the blocked bins since theinventory record is not completed.

How should i go about in these kind of situations

Thanks

Shabeen Buhary

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    author's profile photo Former Member
    Former Member
    Posted on Aug 17, 2009 at 03:40 AM

    Dear Shabeenl,

    1. When a Stock count is done could we have stocks in the temporary storage type ( or should we at all times ensure that we

    clear the stocks in the temporary storage type and then start with the count)

    Whats the standard and advised practice with regard to this.

    Ans: Normally, you should have cleared all open TO's to and from interim areas so that you can do a physical inventory of your storage types. If you have open TO's and you are planning to do inventory for a storage type, then SAP would skip the bins which have open transfer orders. i hope i answered your question, else Can you please explain this question more clearly?

    2. What is the main difference in using Continous Inventory & Physical Inventory Process

    In our system we have MM already in place, so do we have to use both inventory process or stick with Continous Inventory

    Ans: You cannot compare Continuous inventory with physical inventory. Continuous inventory is a type of physical inventory procedure. The other types of Physical inventory procedures are Annual inventory & cycle counting. Continuous inventory means that instead of doing inventory for once a year (i.e annual) you would do it more often..say 4 times a year. You can execute the continuous inventory procedure in MM as well as WM.

    3. I have noticed when an inventory record is created, the bins which are to be counted are blocked. Which is the right thing to

    do. But in the event i decide to stop the count how do i release the blocked bins since theinventory record is not completed.

    How should i go about in these kind of situations

    Ans: Correct. When an inventory record is activated, the bins are blocked for placement & removal. It makes sense because once you are in the process of counting your bin, you cannot expect stock to be removed or placed into it.

    Why would you want to stop the count once you have started it? Normally, when you enter the count results (LI11N in WM) and clear the WM differences (LI20), the system unblocks the bin. Another way to stop an active inventory record is to deactivate the record using MI02 (in MM) & LI02N (in WM).

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  • Posted on Aug 13, 2009 at 10:57 AM

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