SAP MM (Materials Management) is a module within the SAP ERP system that helps organizations manage their procurement and inventory processes efficiently. Think of it as a comprehensive toolkit that businesses use to handle everything related to materials and supply chain management.
Materials Management (MM) Module:
In the Materials Management part (MM), SAP MM takes care of all procurement and inventory activities. It manages the procurement process from vendor selection, purchase order creation, and goods receipt to invoice verification. This module also tracks inventory levels, ensuring that the company has the right materials in the right quantity at the right time. Additionally, it provides tools for inventory valuation, material requirements planning, and stock auditing, helping the company maintain optimal inventory levels and streamline supply chain operations.
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