A storage control profile is used to configure the parameters for managing inventory at a location. It defines the characteristics of the storage location such as the storage section, storage type, and the number of storage bins.
Flagging the location as 'Storage Location' enables the location to be used for inventory management.
Flagging a logistics area as 'Inventory Managed' allows the system to recognize the area as a location that can store inventory.
Creating a location layout for the location is not a prerequisite for managing inventory at a location, as it is optional and not required to set up inventory management.
Maintaining a logistics model for the location is also not a prerequisite for managing inventory at a location, as the logistics model is used to define the transportation processes between the locations and not the location itself.