What is inventory counting?Basically, this is a process of verifying and recording the actual stock levels in a storage location or warehouse to ensure they match the data in the system. In physical counting, we need to shut down the entire operation...

Material cost estimation is a process of calculating the expected cost of manufacturing or procuring material. This is used to determine the standard cost of a product based on its components, production activities, and the overhead costs.Cost estima...

What is Bill of Material in Production Planning?In a simple word, Bill of Material (BOM) is a structured list of all components (raw materials, semi-finished goods, finished goods) required to manufacture a finished product. It defines the relationsh...

When creating routing in SAP, there are 3 different types of sequences that you can create:Standard SequenceA standard sequence is the sequence of operations that describes a production process and from which parallel and alternative sequences can br...