What is the purpose of bin management in SAP WM?

Bin management in SAP WM is essential for efficient warehouse operations. It involves the systematic organization and tracking of storage bins within the warehouse to ensure optimal use of space and easy access to goods. By managing bins effectively, businesses can improve inventory accuracy, reduce picking errors, and enhance overall productivity in their warehouse. Bin management also plays a crucial role in inventory control, order processing, and stock replenishment processes within SAP WM.