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Insurance Policy Management for FG Stock in SAP

Dear Gurus,

I am working on a domestic client currently and my client has a requirement on mapping their existing Insurance Policy for FG Stock n SAP.

They have plant wise separate policy for their Finished Stock value. In SAP they need to maintain FG Stock base policy and require notification if there is any under insurance.

I am not getting any clue on how to proceed/start to fulfill this requirement.

Can you please share your valuable opinions/suggestions on accomplishing the same.

Please guide.

Thanks

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