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 Module 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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| SAP MM Integration with other SAP Modules |
SAP MM 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 Training 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, and 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 road map to SAP certification.
SAPVITS provide SAP MM Online Training and other SAP modules. We have designed SAP MM Online Course according to the
industry standards. SAPVITS has an experience in Training and SAP Consulting
for more than 9 years.
Salient Features of the SAP MM Online 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.
·
Access to the recorded SAP MM Training Videos which you have attended.
Contact
Us
Vintage IT Solutions
Email: info@sapvits.com
IND: +91 992 284 8898
USA: +1 678 389 8898
UK: +44 141 416 8898
