Livre BOB - Chapter 10 Inventory and warehouse management

Question 1

A good receipts is required in two scenarios?

Answer 1

Arrival of materials from a purchase order

Finished product for a production need to be put away in the warehouse

Question 2

A good issue is required in two scenarios?

Answer 2

Materials from inventory are needed for a production order

Materials for a sales order need to be shipped to a customer

Question 3

A transfer posting is required in two scenarios?

Answer 3

Materials on consignment are now needed

A material in stock type “Quality Inspection” is now cleared for use

Question 4

True or False? One step transfer results in the creation of one material document with two line items

Answer 4

True

Question 5

True or False?

Two step stock transfer results in the creation of two material documents each with one line item.

Answer 5

True

Question 6

What is an advantage of a two-step stock transfer procedure over one-step procedure?

Answer 6

A two step procedure can be manage with authorization. This means the issuing a receiving party only have authorization in their own plants

Question 7

After the first step of a two-step procedure, at which location can the material be found?

Answer 7

The material appears in transfer in the receiving location because it has not yet been physically received.

Question 8

If the valuation occurs during a two-step procedure, at which step does the valuation take place?

Answer 8

At the time of goods issue

Question 9

Will an accounting document be generated for a stock transfer?

Answer 9

An accounting document will be created any time there is a change in valuation. This is true for all plant-to-plant and company code-to company code code stock transfers.

Valuation does not generally occur for a storage location to storage location stock transfer

Question 10

If valuation takes place during a stock transfer, when is the accounting document generated?

Answer 10

Time of good issue
Two step = during the first step
One step= it occurs during the only step

Question 11

When does an accounting document occur for SL to SL stock transfer?

Answer 11

When the material is split-valuated. ( when the same material is different in each SL)

Question 12

True or False: During a one-step SL to SL stock transfer, the material can be issued from any stock type and received into any stock type.

Answer 12

True = A one step stock transfer between two SL location within the same plant can be issued and received from any stock type into any stock type.

Question 13

True or False:

Context: SL to SL stock transfer

A material is unrestricted stock from the origin can be moved to unrestricted stock at the destination.

Answer 13

True

Question 14

Describe the financial accounting impacts of a company code to a ccode stock transfer.

Answer 14

2 accounting documents are created ( because 2ccodes) at the time of goods issue.

Question 15

Give an example of when a stock transport order would be used and why.

Answer 15

Planning to move stock from one plant to another.
+
Want to include additional costs such as freight chages associated with this move.

It is MRP relevan,
Inspection can be planned
Can be received in any type of stock.
Receipts can be planned
Material can be entered as a consumable

Question 16

When a Stock Transport is used for the purposes of a stock transfer, what is the restriction on the issuing plant?
+
Where do the materials appear after the posting of the goods issue?

Answer 16

Though the material can be received into any stock type at the receiving plant, the issuing plant must issue the materials out of unrestricted use stock.

Upon posting the goods issue, the materials appear in transit in the receiving plant’s inventory.

Accounting document is also generated at the time of the goods issue.

Question 17

How is inventory management integrated with wh management

Answer 17

A wh number is assigned to a plant/storage location combination.

Question 18

Is a goods issue posting part of inventory management or wh management?

Answer 18

It is part of inventory management

Question 19

Is the execution of a transfer order part of inventory management or wh

Answer 19

It is part of wh management.

Question 20

Which field in a goods movement transaction defines the purpose of the goods movement

Answer 20

The movement type

Question 21

True or false:

Context

WH Management

Multiple Plant/Storage location combinations can be assigned to a single warehouse number.

Answer 21

True

Question 22

Which document is required to perform logistics executions steps in WH Management?

Answer 22

Transfer Order

Question 23

Which document is required to perform wh tasks in extended WH?

Answer 23

Delivery Order

Question 24

What is the structure of the warehouse number in WH Management?

Answer 24

Storage type - Storage Section - Bin

Question 25

Which of the following is not an additional feature of extended WH management?

Bin Management
Yard Management
Cross-Docking
Wave management
Slotting

Answer 25

Bin management

Question 26

Explain difference between centralized and decentralized WH.

Answer 26

Centralized = same machine for ERP system + WM system

Decentralized = different machine for WM system + ERP system