SAP Inventory Manager Reviews & Pricing

Key Features

• Warehouse Management: The solution helps businesses monitor data to gain inventory knowledge on different levels, maintain item master data and generate action reports based on the given data. Manage inventory and execute action items using various cost models and units of measurement.
• Delivery Signature: It allows users to capture digital signatures directly in the mobile app during pickup or delivery.
• Bin Location Management: You can efficiently manage inventory processes by implementing allocation rules and dividing different warehouses into several locations. Optimize stock movement, reduce picking time and automate incoming allocations to the desired bin locations.
• Goods Receipt: Inventory managers can receive and validate goods acquired from vendors to increase warehouse stock. From inbound delivery to purchase orders, issue goods receipts against multiple documents.
• Issue Control: Decrease stock levels by discarding damaged and unusable materials. Record data, track goods transfers and enable consignments.
• Production Planning: It manufactures to capacity, generates demand and manages the supply chain from sales to production. Create multilevel bills of materials and issue production orders.
• Reporting: Analyze goods movement, evaluate overall supply chain performance, and monitor stocks and KPIs to generate reports in different formats.
• Material Transfer: It lets you assign bin numbers to existing materials, transfer them or change the material type. You can also transfer this material to other sites or departments or label them “in transit.”
• Serial Number Tracking: Use automation to create and assign serial number profiles to effectively manage and track stocks.
• Batch and Lot Management: You can streamline the lot and batch management process with end-to-end stock traceability. Achieve lower customer risks and reduce total cost of ownership.
• Pick and Pack: Conduct the goods picking process within three queues — individually, at defined intervals or by using automation. Similarly, pack manually or via automation.

Approach to Common Challenges

• Lot and Serial Number Tracking: SAP Inventory Manager helps track inventory items with unique identifiers, such as lot numbers or serial numbers. It ensures compliance with regulatory requirements, facilitates recall management and provides detailed traceability for each product.
• Cycle Counting: To reduce the need for full physical inventories, the platform supports cycle counting. This process involves regularly counting specific inventory items based on their risk or value. By focusing on high-value or critical items, businesses can improve accuracy, minimize disruptions and save time while maintaining inventory integrity.
• Vendor Managed Inventory (VMI): It allows suppliers to manage inventory levels at customer locations based on agreed-upon replenishment rules. This approach optimizes stock levels, reduces carrying costs and improves supply chain efficiency by ensuring a continuous supply of products.
• Consignment Inventory: In this model, suppliers place inventory at customer locations on a consignment basis, transferring ownership only when the items are consumed. This can improve inventory turnover, reduce the customer's upfront investment and provide greater flexibility in inventory management.
• Integration: Integration with other SAP products, such as Sales, Production Planning and Finance, offers a comprehensive view of the supply chain, facilitates end-to-end business processes and provides real-time information for decision-making.

Cost of Ownership

Limitations

• Limited option for account charts.
• Cluttered interface.

FAQs