SAP-MM-Overview: SAP MM Overview

What is SAP MM?

SAP MM is one of the several modules of SAP ERP. SAP MM stands for SAP Material Management which is used to master data management, purchasing, inventory. SAP MM is the backbone of the procurement system.

Why SAP MM is important?

One of the importance’s of MM is in its capacity for precise stock captivating that is very beneficial to the manufacturing industry where material convenience for use in production activities is of main importance as this has the possible to any type or defaces the production cycle. SAP MM dramas a vital part in Materials Requirement Preparation for industrial companies with a particular position to those who deal in fast affecting consumer goods. Next importance of MM to companies are in its procurement blend which consists of the procurement of materials of stock and out of stock and also the procurement of services. It similarly supports in the management of waste and reduction in duplicity of inventory stock items.

Now let’s see how SAP MM Module Process Flows in SAP ERP.

Determination of Necessities
Source Resolution
Dealer Selection
PO Handling
PO Check up
Stock Delivery and Inventory Management
Account & bill Verification

Now let’s see what are the features of SAP MM(Material Management).

Material Management guarantees no lack of materials or any cracks in the supply chain process of the association. SAP MM speeds up the procurement and material management, making the business run easily with complete time and cost-effectiveness.

SAP MM is one of the important functional modules used for inventory management.

Preservation of master data related to imported trade

It compacts on the Procurement Process, Master Data, Account Determination & Estimation of Material, Inventory Management, Invoice Authentication, Material Prerequisite Planning, etc.

Future Scope of SAP MM:

SAP Materials Management insurances all tasks within the supply chain with consumption-based preparation, buying, vendor estimation, and invoice verification. It also includes inventory, production planning, and warehouse management.

SAP Material Management as the best module, specifically in Trading Industries & Manufacturing. If you are looking ahead to a career with SAP Material Management, then it has a great scope in supply firms and industrial firms which implement the SAP Material Management module.

There are various SAP online training providers. From those Best Online Career is the best option. Best Online Career is providing SAP Online Training of all modules to SAP Professionals. If you are looking for SAP MM online training; choose (Best Online Career) BOC for your career growth.