Stock Conversion - An overview

Stock Conversion business component is an inseparable part of Inventory Management. Stock statuses describe the usage value of material held in stock. Materials acquire different statuses over a period of time. While some of these changes are triggered through normal stock maintenance activities or the  inventoried stock might be subjected to a manual status conversion.

This business component aids the following tasks on parts in stock in a warehouse.

• Conversion of parts in a warehouse from one stock status to another stock status.

• Conversion of  part ownership

• Change of condition of parts

• Change in  storage details of parts consequent to stock status, ownership and condition conversion

Getting familiar with the activities