Concept of  Snapshot method in inventory

Can anyone please help me understanding the concept of  Snapshot inventory loading in BW??
What is the technique used on a broad level??
I tried to read how to inventory pdf but, im not easily getting the essense of it.In that doc, market update method is a bit clearly explained.But for Snapshot, it was just told to follow some steps (process1,2,3,4,5 etc).
Can anyone please explain the concept? i will give him accordingly if i really understand.

Shambu,
I wanted the technique used in BW.
I can understand what is meant by snapshot but,  i wanted the process logic using ODS,cube  which is done in BW under the name "Snapshot method to handle inventory technique"
The link u have provided just gives the business meaning of snapshot.

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    /people/vijaybabu.dudla/blog/2006/07/21/topofpage-in-alv-using-clguialvgrid
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