Material Management is a functional module that belongs to SAP AG that is used for Procurement Handling and Inventory Management. SAP MM is one the largest functional module in SAP. This module mainly deals with the Procurement Process, Master Data (Material & Vendor Master), Inventory Management, Valuation of Material & Account Determination, Material Requirement Planning, Invoice Verification etc. SAP Materials management is integrated with other modules such as SD, PP and QM. Materials management is used for procurement and inventory management.
The SAP MM module has two important master data - material and vendor. Broadly, the various levels that can be defined for a SAP MM implementation are: Client, Company Code, Plant, Storage Location and Purchase Organization.
The SAP MM module covers all tasks within the supply chain, including consumption-based planning, planning, vendor evaluation and invoice verification. It also includes inventory and warehouse management to manage stock until usage dictates the cycle should begin again. Electronic Kanban/Just-in-Time delivery is supported.
It can be divided into five major components. They are:
- materials management, - plant maintenance, - quality management, - production planning and control, and a - project management system.
Each is divided into number of subcomponents.
In Summary
SAP MM module is a part of logistics and it helps in managing end to end procurements and logistics business process. The main features you can find in the MM module are requisitions, purchase orders, goods receipt, accounts payable, inventory management, BOM's and master raw material, finished goods etc.
Requisitions in SAP MM module is a document created for purchase of goods or services, it is sent to procurement office for the issuance of purchase orders. Requisitions exceeding certain amount need vendor verification in SAP MM module. There are two ways of placing requisition either through SAPGUI or SAP web.
Purchase orders are the legal document issued as commitment to the vendor to supply mentioned material in the specified quantity along with shipping details and specification. The authorized vendors list is displayed while creating purchase order as per material and plant of the organization.
SAP ERP (Enterprise Resource Planning) is commercial software that will integrate all information altogether in a single software considering various factors like time and cost. Organizations can easily meet their business demands with the help of SAP.
SAP Business Process SAP MM is known as SAP Material Management system. SAP MM role in business process is as follows:
A business process in SAP is termed as “Module”.
SAP Materials Management (MM) is a part of Logistics area and helps to manage the procurement activity of an organization from procurement.
It supports all aspects of material management (planning, control etc).
It is the backbone of the Logistics area which incorporates modules like Sales and Distribution, Production Planning, Plant Maintenance, Project Systems, Warehouse Management which are extremely obsessed on Materials Management module.
Features of SAP MM The features of SAP MM system are as follows:
SAP MM is one of the modules of SAP that deals with material management and inventory management.
Material Management process ensures that there is never a shortage of materials or any gaps in the supply chain process of the organization. SAP MM speeds up the procurement and material management activities making the business run smoother with complete time and cost efficiency.
It deals with managing the materials (products and or services) resources of an organization with the aim of accelerating productivity, reducing costs and increase improvement and at a similar time be versatile to accommodate changes in day to day life.
It deals with the Procurement Process, Master Data (Material & Vendor Master), Account Determination & Valuation of Material, Inventory Management, Invoice Verification, Material Requirement Planning etc.
What should i know? The course is designed for beginners with little or no MM experience.
Syllabus Introduction to SAP MM
Overview of SAP MM module
Master Data
Introduction to Master Data How to create Material master data How to Change Material Master How to Copy Material Master Mass Creation of Material Master Material Master Views – Ultimate Guide!
Purchasing
Introduction to Purchasing and purchase requisition How to create a purchase info record How to Change a Purchase Info Record How to create a purchase requisition How to convert Purchase Requisition to Purchase Order Overview of Quotations. How to create RFQ How to Create Quotations How to compare price for different Quotations How to select or reject a Quotation How to Create a Source List How to Create a Purchase Order How to create Purchase Order with Reference How to change a Purchase Order
How to Post Goods receipt How to perform Invoice Verification How to Release an Invoice Service Purchase Order All About Outline agreement Release procedures for purchasing documents
Pricing
Overview of Pricing Procedure How to Define Access Sequence & Condition Table A How to Define condition types How To Define Calculation Schema How to Define Schema Group Define Schema Determination
Inventory Management
Overview of Inventory Management How to create Goods Receipt How To Cancel Goods Receipt Reservation of Inventory How to issue goods Transfer Posting of Goods All About Physical Inventory Special stock and Special procurement
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