About SAP MM: The SAP MM (Material Management) is one the largest functional module in SAP and it was designed to facilitate the following business processes in an enterprise Procurement Process, Master Data (Material & Vendor Master), Inventory Management, Valuation of Material & Account Determination, Material Requirement Planning, Invoice Verification etc. SAP MM Certifications enable professionals to validate and showcase to employers their expertise and knowledge of SAP solutions.
This training document (120 pages) provides instructions including menu paths and screenshots for most common end user functions listed below in SAP’s Materials Management (MM) module: Local/Domestic Purchase Import Purchase Asset Purchase Export/Domestic Sales Return Account Assignment Purchase (Cost Center Purchase) Sub-Contracting Service Rate Contract/Annual Rate Contract Stock Transfer. Used in an SAP Client. The information relevant to a particular organizational unit for a specific material is defined in a separate view of that material. For example, the accounting view for a material for a particular plant where valuation takes place, would define how that material is valuated at that plant. SAP library: MM – Material Price Change SAP library: Inventory Management and Physical Inventory SAP library: FI Accounts Receivable and Accounts Payable. MM Pricing Procedure: In MM module, pricing procedure is used during RFQ and PO creation. Total value of material based on all addition and subtraction like discount, surcharge, tax, freight, etc. In this we are defining pricing procedure and linking to vendor and purchase department through the virtual schema. The Basic thing is Condition. SAP MM Material Management Training Tutorials SAP Training Tutorials.
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Overview of SAP MM:
Content In This Article
Materials Management module in SAP consists of several components and sub-components. The most prominent and widely used are Master Data, Purchasing and Inventory. Download turbo vpn app for android.
Master Data
Data that is created centrally and it is valid for all applications. It remains constant over the time but we need to update it on regular basis.
Purchasing
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Purchasing is a component of Material Management. Task of Purchasing as following:
External procurement of material & services, Determination of possible source of supply and Monitoring deliveries from and payment to vendors.
Inventory Management
Inventory management is used to manage the inventory of the goods. It is based on several key processes such as
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- Definition of movement types
- Reservations
- Goods issue
- Goods receipt
There are a number of functions and transactions used in the Inventory management processes.
Please refer SAP Eligibility
Why Need SAP MM?
- Amount spend on material is higher than other inputs
- Material offer considerable scope for reducing cost and improving profit
- Material add value to the product
- Quality of end product depend on material
- Efficiency of any organization depends upon the availability of right material, in right quantity at right time and at right place.
Also See More SAP Modules Info
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Benefits of Materials Management module in SAP
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- Material cost can be lowered down
- Controlling of indirect cost
- Risk of Inventory loss minimized
- Reduction in loss of time of direct labor
- Control of manufacturing cycle
- Material congestion in storage places avoided
- Improvement in delivery of the product
Job Prospects:
This SAP MM Certification Course can provide good career opportunities with different profiles like SAP MM consultants, SAP functional Analyst in MM like SAP MM Plant Maintenance analyst, SAP functional Configurator in MM.
Along with SAP MM Module Certification, an experience of full life cycle implantation in SAP MM with good analytical and planning skills is preferred for the above mentioned job profiles. Most of the companies try to find professionals with experience of 2 to 4years.
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Salary Details
The starting figures of salaries for above stated job profiles in India is of Rs 55,000 and as one gains experience of at least one life cycle implementation of SAP then figures can start rising.
See Other SAP Sub Modules Details from following links
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