Storage Bin - Location where the material are stored in a typical Warehouse.
Quant - Its a feature to manage the stock at storage bin level, it has different characters and stocks are stored,moved as a quant.
Please refer
[http://help.sap.com/saphelp_470/helpdata/en/c6/f83b5e4afa11d182b90000e829fbfe/content.htm]
Bluesky
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