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Physical Inventory

Former Member
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Hi Experts,

What is the Inventory Sampling. Help Documents says that Inventory Sampling reduces the time and cost compare than Physical Inventory. How it reduces the Time and cost for the counting process.

Thanks in advance.

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Answers (2)

Answers (2)

Former Member
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Hi Vijay

see the below link for compleate notes of inventory sampling.

http://help.sap.com/printdocu/core/Print46c/en/data/pdf/MMIM/MMIM_IS.pdf

nagesh

Former Member
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Hi,

Unless your company already uses an inventory sampling approach the chances are that this functionality will not be required.

It would help to give an example as follows

Your company has many thousands of stock items, most of which are low value and there are simply too many materials to do a full stock count.

You use the sampling option provided by SAP to randomly select a sample (i.e. several materials) to count.

If the result of that count indicates that your stock is reasonably accurate then the auditors will accpt this as a valid stock count. If the result of this sample indicates that your stock is very inaccurate then the auditors may well demand a full stock count of all items (or at least another sample).

I hope this explains the process and I hope that you don't have to use this option, it is a bit complex to set up and manage.

Steve B