What do you know about SAP MM? 2021

SAP MM (Materials Management) is a SAP ERP Central Component (ECC) module that allows firms to manage materials, inventory, and warehouses. SAP MM's main purpose is to ensure that materials are constantly available in sufficient amounts, with no shortages or holes in the organization's supply chain.

It also aids supply chain specialists and other SAP users in completing goods purchases on time and on budget, as well as dealing with day-to-day changes in these procedures.

Through specialist SAP MM Training in Noida, you will acquire exposure to Materials Management. In addition, you will have unparalleled access to the SAP S/4HANA system and will study in-depth and hands-on SAP skills.

About SAP MM:

Materials management is the process by which firms decide on full material requirements, materials specifications relayed to procurement, and other sourcing tasks.

Materials Management is also in charge of determining the amount of material to be delivered in the supply chain at each storage location, planning material replenishment plans, determining the inventory levels to be held for each product category (raw materials, finished goods), and communicating material demands information across the extended supply chain.

Sub modules of SAP MM:

Materials Management (MM) in SAP S/4HANA is one of the most significant modules in the SAP system. The SAP MM module is made up of several sub-components, the most essential of which are as follows:

• Purchasing

• Master data

• Physical inventory

• Material valuation

• Invoicing verification

• Service management

• Inventory management

Master data, buying, and inventory management are the most common sub-components of the Materials Management module.

Functions in all of these MM sub modules conduct unique business operations for those modules. These are carried out through transactions, which are the way through which SAP ECC completes business operations. Other logistical operations that need materials information, such as plant maintenance and project management, are also supported by MM.

Advantages of SAP MM:

Everything in MM revolves on master data, which is centralized and kept in master-data tables. Materials master, work center, bill of materials, and routing are examples of master data types. In SAP ECC, master data is utilized to build transactional data.

When a production order is established in PP, for example, master data from MM regarding the raw materials needed to generate the completed product is used, and then a sales order is made in SD.

Conclusion:

SAP ERP (Enterprise Resource Planning) is a commercial application that combines all of the data into a single application, accounting for a variety of factors such as time and cost. Businesses may easily meet their business demands with SAP's assistance.

Are you interested in learning more about Materials Management? The SAP MM Online Training is a great place to start if you're new to SAP MM.