What is SAP MM (Materials Management)?
SAP Materials Management module (MM) – a champion among the
most surely understood SAP modules, is a crucial bit of current ERP structures
and helps the other SAP modules in covering all the essential bureaus of a
client attempt. It is especially planned to motorize and streamline the
methodology for securing, Inventory Management, valuation and receipt
affirmation. Situating high on the once-over of greater measured modules of
SAP, these materials manufacturing parts are pulling in specialists from the
entire route over the globe and are helping them develop their profession ways
as SAP analysts, functional coordinators or consultants.
The MM application module is absolutely perfect for the SAP
ERP programming and deals with the acquirement and additionally other inventory
functions that continue occurring in everyday business operations. It
incorporates all ace master data, transactions for finishing all the obtainment
forms, system configuration and so on. The SAP MM module
is in charge of many shifted capacities like goods receiving, acquiring,
utilization based planning, material stockpiling and stock and is very much
storage with different modules having a place with the SAP R/3 System like:
• Sales and Distribution (SD)
• Plant Maintenance (PM)
• Production Planning (PP)
• Finance (FI)
• Controlling (CO)
• Quality Management (QM)
• Warehouse Management (WM) and so on
SAP MM additionally bolsters the components and
functionalities of the authoritative structure, plant, valuation ranges,
stockpiling areas, sellers, and purchasing organizations/ groups. It goes far
in supporting the distinctive periods of materials administration like:
• Materials arranging and control
• Invoice verification.
• Vendor valuation
• Purchases and acquisition forms
• Receiving of products
• Inventory administration and
• Statutory Requirements
SAP MM Process Flow
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SAP MM Process Flow |
The common acquisition cycle for an administration or
material comprises of the accompanying stages:
1. Assurance of Requirements
Materials requirements are distinguished either in the
client divisions or by means of materials planning and control. (This can cover
both MRP legitimate and the request based way to deal with stock control.) You
can enter buy demands yourself, or they can be produced consequently by the
materials planning and control framework.
2. Source Determination
The Purchasing part causes you distinguish potential
wellsprings of supply in light of past requests and existing longer-term buy
assertions. This speeds the way toward making demands for citation (RFQs),
which can be sent to sellers electronically by means of SAP EDI if wanted.
3. Seller Selection and Comparison of Quotations
The framework is fit for recreating estimating situations,
enabling you to think about various quotations. Dismissal letters can be sent
naturally.
4. Purchase Order Processing
The Purchasing framework receives data from the demand and
the quotation to enable you to make a buy order. Similarly, as with purchase
demands, you can create Pos yourself or have the framework produce them
consequently. Vendor scheduling agreements and contracts (in the SAP System,
sorts of longer-term buy understanding) are additionally upheld.
5. Buy Order Follow-Up
The framework checks the update time frames you have
determined and - if essential - naturally prints updates or expediters at the
predefined intervals. It likewise furnishes you with an up-to-date status of
all buy orders, quotations, and buy orders.
6. Products Receiving and Inventory Management
Products receiving work force can affirm the receipt of
merchandise just by entering the Po number. By indicating admissible
resistances, purchasers can constrain over-and under conveyances of requested
merchandise.
7. Invoice Verification
The framework bolsters the checking and coordinating of
invoices. The accounts payable agent is informed of amount and price changes in
light of the fact that the framework approaches PO and products receipt
information. This speeds the procedure of examining and clearing invoices for
payment.
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