Difference between Warehouse Management and Inventory Management in SAP WM:

Warehouse Management (WM) and Inventory Management are two key components of SAP WM, each serving distinct purposes:

Warehouse Management:

Warehouse Management in SAP WM involves the efficient handling of warehouse processes such as goods receipt, picking, packing, and goods issue. It focuses on optimizing the use of warehouse space, managing storage bins, and streamlining warehouse operations.

Inventory Management:

Inventory Management in SAP WM, on the other hand, focuses on the monitoring and control of inventory levels within the warehouse. It includes tasks such as stock placement, stock transfer, and stock counts to ensure accurate inventory records.

Key Differences:

• Warehouse Management deals with the physical aspects of managing a warehouse, while Inventory Management focuses on the monitoring and control of inventory levels.
• Warehouse Management optimizes warehouse processes and space utilization, whereas Inventory Management ensures accurate inventory data and stock levels.
• Warehouse Management is more operationally focused, while Inventory Management is more concerned with inventory accuracy and availability.

Ultimately, both Warehouse Management and Inventory Management are essential components of SAP WM, working together to ensure efficient warehouse operations and accurate inventory management.