What is a storage type in SAP WM and how is it used in warehouse management processes?

In SAP WM, a storage type is a physical or logical division of storage areas within a warehouse. It represents a specific storage area with certain characteristics such as temperature control, picking strategies, or hazard levels.

Storage types are used in warehouse management processes to optimize the storage and retrieval of goods. They help in organizing the warehouse space efficiently, determining the storage capacity and layout, and defining rules for picking and replenishment activities.

By assigning storage types to specific storage bins or areas, warehouse managers can control the movement of goods, track inventory levels, and ensure timely order fulfillment. This classification also facilitates inventory management, stock rotation, and space utilization within the warehouse.

Overall, storage types play a crucial role in SAP WM by streamlining warehouse operations, improving inventory accuracy, and enhancing the overall efficiency of the supply chain management process.