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SAP MM Online Training

Topics
SAP Introduction & Overview, and Basic Concepts
Organization Structure & its Configuration
Execution of Procurement Cycle
Configuration for Material Master Data
Configuration for Vendor Master
Configuration for Purchasing Info Record & Source List
Configuration for Purchase Requisition & RFQ
Configuration for Contracts & Scheduling Agreements
Configuration for Purchase Order Types
Pricing Procedure
Release Procedures
Goods Receipt for Material
Invoice Verification
External Services Management
Inventory Management with SAP MM
Movement Type Creation
Configuation for Valuation & Account Determination
Configuration for Split Valuation
Consumption Based Planning (CBP)
Physical Inventory Management
Automatic PO Process
Standard Reports
Cross Functional Customizing

 

Overview of SAP MM:

SAP MM (Material Management) is a Module SAP ERP component that enables organizations including material management, inventory management, and warehouse management in the supply chain processes. It is a component of SAP ECC’s logistics functions which includes various components and sub-components. The most outstanding and widely used components are Master Data, Purchasing, and Inventory.

The five major components of the SAP MM  are:

 

  • Consumption-Based Planning (MM - CBP):

               The primary role of the MM-CBP component is to monitor stocks and automatically  create procurement proposals for production and purchasing.

 

  • Purchasing (MM – PUR):

The purchasing component ensures seamless communication among all participants in the procurement process, thereby ensuring that the purchasing unit of an organisation functions fluently.

 

  • External Services Management (MM – SRV):

This component supports bid invitations, order/award placements, acceptance of services and invoice verification. It provides a platform for managing and coordinating external services.

 

  • Inventory Management (MM – IV):

Track and manage physical stocks based on quantity and value and maintain the physical inventory of goods along with planning, entering, and documenting the action of all stocks.

 

  • Logistics Invoice Verification (MM – IV):

The logistics invoice verification is a process that comes at the end of the logistics supply chain. It includes tasks like purchasing, inventory management and invoice verification.

 The features of a SAP MM  are as follows :

 

  • SAP MM is the module of SAP which deals with material management along with inventory management.

 

  • Material Management as a process allows no shortage of materials or any gaps in the supply chain process of the organization.

 

  • SAP MM advance the procurement and material management activities, making the business run evenly with whole time and cost efficiency.

 

  • SAP MM manage the materials (products and/or services) and resources of an organization with the aim of accelerating productivity and reducing costs.

 

  • SAP MM is quite functional to enclose changes that are recurring in any business environment.

 

  • It serves the Procurement Process, Master Data (Material & Vendor Master), Account Determination & Valuation of Material, Inventory Management, Invoice Verification, Material Requirement Planning and many more.

This SAP MM online training is for beginners without prior exposure to materials management. SAP MM training will be especially advantageous for those who want to learn how to manage the supply chain management side of the business using SAP so that market requirement can be met in the shortest period of time.

Duration

30-35 hrs

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