An Overview of SAP MM ( Material Management ) Online Training | Training Cube

Описание: An Overview of SAP MM ( Material Management ) Online training | Training Cube
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One of the most important SAP Modules where MM is Materials Management – underpins the supply chain, including Requisitions, Purchase orders, Goods receipts, Accounts payable, Inventory management, BOM’s, Master raw materials, finished goods etc.

The Materials Management module (SAP MM) Training consists of all master data, system configuration, and transactions to complete the Procure to Pay process. This process map spans from MRP generated procurement proposals through final invoice receipt and verification.

SAP Materials Management Components or Sub-Components:
• Vendor Master and Material Master data
• Consumption Based Planning
• Purchasing
• Inventory Management
• Evaluation of Materials
• Invoice Verification

Materials Management module in SAP consists of several components and sub-components. The most prominent and widely used are Master Data, Purchasing and Inventory.

All of these components have their subcomponents that are essential in specific business processes, and all of the processes are executed by using transactions.

Transaction (in SAP) means processing of certain information in order to complete business process requirement. For example, if you have purchased 10 pieces of litter buckets, you can perform particular transaction code (t-code) that will reflect those changes in SAP. Most of the business processes involve multiple SAP transactions to be accomplished and are spread over one, two or more modules.

Let’s briefly talk about the various sub-modules in SAP MM

Master Data
Data stored in SAP R/3 is categorized as

1. Master Data and
2. Transactional Data.
Master data is the core data that is used as a base for any transaction. If you are producing, transferring stock, selling, purchasing, doing a physical inventory, whatever your activity may be, it requires certain master data to be maintained.