Inventory management software
SAP Inventory Management is a core functional module within SAP's Enterprise Resource Planning (ERP) suite, responsible for managing the movement, tracking, and valuation of materials and goods within an organization. It provides comprehensive tools for real-time stock visibility, physical…
Key facts
- First appeared
- 1972
- Category
- technology
- Problem solved
- SAP Inventory Management was created to solve the widespread problem of fragmented, inaccurate, and inefficient inventory control that plagued businesses relying on manual processes or disparate legacy systems. It aimed to provide a single, integrated source of truth for all inventory-related data, enabling real-time visibility, automated goods movements, and better decision-making to prevent stockouts, minimize overstocking, and optimize operational costs.
- Platforms
- Linux (various distributions), SAP HANA (database), Oracle Solaris, Microsoft SQL Server, IBM AIX, HP-UX, IBM Db2, Oracle Database, Microsoft Windows Server
Related technologies
- SAP Warehouse Management (WM)
- Internet of Things (IoT) sensors
- SAP Finance and Controlling (FICO)
- Radio Frequency Identification (RFID) systems
- Barcode scanning devices
- SAP Production Planning (PP)
- SAP Materials Management (MM)
- SAP Sales and Distribution (SD)
- SAP Extended Warehouse Management (EWM)
- SAP S/4HANA Logistics
Notable users
- BMW
- ExxonMobil
- P&G
- Walmart
- Samsung
- Nestlé
- Siemens
- Coca-Cola
- Shell