SAP MM Functional

 

SAP MM (Materials Management) is a module within the SAP ERP (Enterprise Resource Planning) system that manages the procurement and inventory of materials within a company. It helps businesses streamline their procurement process, manage inventory levels, and track the movement of materials throughout the organization.

Critical functions of SAP MM include:

  • Master Data Management: Creating and maintaining master data records for materials, vendors, purchasing organizations, and other relevant entities.
  • Procurement: Creation and processing of purchase requisitions, purchase orders, goods receipts, and invoice verifications.
  • Inventory Management: Tracking stock levels, valuation, and movement of materials within the organization.
  • Material Requirements Planning (MRP): Determining the materials needed for production based on demand forecasts and production schedules.
  • Invoice Verification: Matching invoices with purchase orders and goods receipts to ensure accuracy.
  • Valuation and Account Determination: Assign values to materials and determine the appropriate accounts for posting transactions.

Roles and Responsibilities of an SAP MM Functional Consultant:

  • Gathering and analyzing business requirements for materials management processes.
  • Designing and configuring SAP MM solutions to meet those requirements.
  • Creating functional specifications for customizations and enhancements.
  • Testing and validating the implemented solutions.
  • Providing training and support to end-users.

SAP MM Training Demo Day 1 Video:

You can find more information about SAP MM in this SAP MM Link

Conclusion:

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