No storage location data for & in & &

What causes this issue?

There is no <DS:GLOS.3526C078AFAB52B9E10000009B38F974>material master
data</> for material &V1& in plant &V2&, storage location &V3&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

INCLUDE NA_EINGABE_PRUEFEN
If your entry is correct, there is no storage location data for the
material yet.
There are several ways of creating the storage location data:
From the Storage view, maintain the relevant material master record by
choosing <LS>Other -></> <DS:TRAN.MMSC>Enter storage locations</> in
the material master menu.
The storage location data can be created automatically the first time a
goods movement is posted for the material
The storage location data can be created automatically the first time a
reservation is made for the material.
In Customizing for Inventory Management, you can allow the automatic
creation of storage location data for goods movements and reservations.

Error message extract from SAP system. Copyright SAP SE.