What is a storage type in SAP Warehouse Management and how is it different from a storage bin?

A storage type in SAP Warehouse Management is a logical or physical grouping of storage bins that have similar characteristics or properties, such as temperature conditions, hazard level, or storage capacity. It serves as a category to differentiate various storage areas within a warehouse. Each storage type can contain multiple storage bins.

On the other hand, a storage bin represents a specific physical storage location within a storage type, where goods are stored or picked. Storage bins are actual storage spaces within a warehouse, whereas storage types are higher-level divisions used for organizational purposes.

In summary, storage types are used to categorize and manage different storage areas in a warehouse, while storage bins are specific locations within those storage types where goods are stored.