Understanding SAP MM

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CLOUDBOOK
SAP Training
Consultants
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Understanding
SAP MM, short for Materials Management, is a
vital component of the SAP ERP software package
developed by SAP AG. This module is dedicated to
efficiently managing the various aspects of
materials within an organization's supply chain.
SAP MM
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PROCUREMENT HANDLING
INVENTORY MANAGEMENT
Key functions of
SAP MM streamlines the procurement process,
enabling organizations to source materials from
vendors effectively. It encompasses purchase
requisitions, purchase orders, requests for
quotations (RFQs), and supplier evaluation.
Efficient inventory management is essential to
ensure the availability of materials when needed.
SAP MM helps organizations maintain optimal
inventory levels, track material movements, and
manage stock valuations.
SAP MM
SUPPLY CHAIN TASKS
INVOICE VERIFICATION
SAP MM covers a wide range of supply chain tasks,
including consumption-based planning, material
requirements planning (MRP), and vendor
evaluation. These functions are vital for keeping
the supply chain running smoothly.
The module also handles invoice verification,
ensuring that payments to vendors are accurate
and compliant with terms and agreements.
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