SAP
Material Management (MM) is one of the important modules in SAP ERP software. SAP MM application
module supports the procurement and inventory functions occurring in everyday
business operations. The
roles of SAP MM in a business process is: SAP MM is a part of Logistics area
and helps to manage the procurement activity of an organization from
procurement. It is fully integrated with the other modules such as Sales
and Distribution, Production Planning, Plant Maintenance, Project Systems, and
Warehouse Management of the SAP System.
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| Introduction to SAP MM |
SAP MM Module Training covers the functionality required to purchase
goods and services, manage inventory, and inspect incoming materials. The
Purchasing function includes creation of requisitions, requisition approval,
purchase order generation, and receipt of goods and services. Inventory
Management includes issuing and transferring inventory, inventory restocking,
and the inventory count and adjustment processes.
SAP
MM Module Process Flow
1.
Determination of Material Requirements
Material requirement are identified either by the client,
department or via material planning and control. For e.g. a MRP run in
production planning or material falling short of reorder-point can automatically
generate Purchase Requisition. At the same time PR can be created manually in
the system.
2. Source Determination
Identify the possible source of supply based on the past
order and existing long term purchase contract.
Then create Request for Quotation, which can be then sent electronically to
vendors.
3. Vendor Selection and Comparison of
Quotation
After receiving quotation system is capable to
simulate pricing scenarios, allowing user to compare number of quotations and
sent rejection letter automatically.
4. Purchase Order Processing
Data from Purchase
Requisition can be adopted to create Purchase Orders. Purchase Order is then
sent to Vendor to supply the goods.
5. Purchase Order Follow-up
Reminder can be sent
to vendors at predefined intervals.
6. Goods Receiving and Inventory Management
It is the phase in
which the material is received by the company and the condition and quality are
verified. In this phase Invoice is received from the vendor (seller).
7. Invoice Verification
Along with the goods
vendor also submits Invoice, system verifies then invoice against the quantity
received and PO data. The account payable clerk is notified.
Features of SAP
MM
The features of a 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 as a process ensures no 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 smoothly with complete time and cost efficiency.
- It deals with managing the materials and resources of an organization with the aim of accelerating productivity and reducing costs. At the same time, SAP MM is quite versatile to accommodate changes that are frequent in any business environment.
- It deals with the Procurement Process, Master Data, Account Determination & Valuation of Material, Inventory Management, Invoice Verification and Material Requirement Planning.
SAP MM Training
at SAPVITS
SAPVITS is one of the leading
SAP Online Training and consulting
company. We provide extensive SAP training to corporate and individuals. We
recognize that many of you are willing to put the extra effort to migrate to
SAP practice and become SAP consultants. We help you achieve your goal with a
team of experienced SAP instructors, excellent infrastructure, and a clear
roadmap to SAP certification.
SAPVITS
provide SAP MM Training and other SAP
modules. We have designed SAP MM Course Content according to the industry standards. SAPVITS has an experience in
Training and SAP Consulting for more than 9 years.
Salient Features of the Training are
- Interactive training for better learning.
- Pre-evaluations-learn only what you need to learn.
- Experienced and certified.
- Convenient weekday and weekend batches.
- Timings for the classes are arranged upon flexibility of both the Trainee and the Trainer.
- 24X7 Remote Server Access.
- Lab exercises provided for hands-on training.
- Soft copy of study material.
- Access to the recorded videos which you have attended.
Contact Us:
Vintage IT Solutions
Website: http://www.sapvits.com/
IND: +91 992 284 8898
USA: +1 678 389 8898
UK: +44 141 416 8898
