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SAP MM (Material Management)

Category: SAP Training

SAP MM (Material Management)

Being an important SAP module it helps the user in the procurement process and other inventory management functions which occur in the daily business transactions. The important elements of this are purchasing, material receiving and storage, inventory, etc. It has its integration with other SAP modules also. 
It is one of the modules of SAP Training that helps in material management and inventory management. The material management process confirms that there will not be a shortage of materials at any time and additionally no gapping in the supply chain process of the organization. It also boosts the procurement and material management activities that help in the smooth functioning of the business with efficiency in the costs. 
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.
The main submodules of this SAP Training Materials Management are purchasing, external services management, inventory management, valuation & account assignment, logistics invoice verification, consumption based planning and excise duty, etc. 

Our SAP MM Training Course Content

Procurement Process
  • Requisitions
  • Purchase Orders
  • Request for Quotation
  • Stock Purchases
  • Consumable Purchases
  • Subcontracting
  • External Services
  • Reporting
Material Master
  • Vendor Master
  • Info Records
Purchasing Optimization
  • Contracts
  • Source Lists
  • Quota Arrangements
  • Purchasing Document Configuration
Inventory Management
  • Goods Receipt
  • Goods Issues
  • Stock Transfers
  • Reservations
  • Consignment Stock
  • Physical Inventory
  • Cycle Counting
  • Availability Check
  • Movement Type Configuration
Valuation and Account Determination
  • Material Valuation
  • Price Control
  • Account Determination
  • Split Valuation
Material Requirements Planning
  • Reorder Point Planning
  • Lot - Size Calculation
  • Planning Run
Logistics Invoice Verification
  • Invoices
  • Credit Memos
  • Blocked Invoices
  • GR/IR clearing