SAP MM ECC
SAP MM (Materials Management) is a module within SAP ECC (ERP Central Component) that manages procurement and inventory processes. It’s a core component for business handling materials, from procurement and storage to inventory management and invoice verification.
Key functionalities of SAP MM:
- Master Data Management: Maintain essential information about materials, vendors, purchasing organizations, etc.
- Procurement: Create and manage purchase requisitions, purchase orders, and goods receipts.
- Inventory Management: Track stock levels, manage goods movements, and perform physical inventory counts.
- Invoice Verification: Process vendor invoices and match them against purchase orders and goods receipts.
- Valuation and Account Determination: Define how materials are valued and which accounts are affected by material movements.
- Material Requirements Planning (MRP): Forecast material requirements based on sales orders, production plans, and current inventory levels.
Key benefits of SAP MM:
- Streamlined procurement processes: Automate purchase order creation, goods receipt, and invoice verification.
- Improved inventory visibility: Track stock levels in real time and optimize inventory levels.
- Accurate valuation and costing: Ensure accurate material valuation and costing.
- Efficient material requirements planning: Forecast material requirements and avoid stockouts.
- Integration with other SAP modules: Seamlessly integrate with other SAP modules like FI (Financial Accounting), CO (Controlling), and SD (Sales and Distribution).
SAP MM Training Demo Day 1 Video:
You can find more information about SAP MM in this SAP MM Link
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