Part 1 - Vendor Master

Course overview

Uplatz offers end-to-end course on SAP MM (Materials Management) module. This is online video-based training course. You will be awarded Course Completion Certificate at the end of the course.

This SAP MM course consists of extensive deep-dive topics in material master, master data, procurement, and inventory management. Upon completion of this SAP MM course you will gain a comprehensive understanding of the SAP Materials Management (MM)
module. Even if you are a beginner, this course will help you acquire key skills expected from an SAP MM Consultant.

What is SAP?

SAP is an enterprise resource planning application software that enables organizations to manage resources, information, and activities that are required to finish business processes like procurement and managing orders, billing of orders, and management of human resources. SAP applications work with real-time data.

What is SAP MM?

SAP Materials Managements (more popularly called SAP MM) is one of the very important modules provided by SAP and is used by a large number of companies. The SAP MM module deals with procurement of material, storage of inventory and their efficient usage in the business. Its main aim is to enhance productivity & reduce costs. It takes care of the supply chain in such a nice manner that there would never be any shortage of material and the whole inventory system runs smoothly. In summary, SAP MM handles Procurement Process, Material Valuation, Invoice Verification, Purchase Orders, supply chain, Master Data Management, Accounts Payable, Raw Material & Finished goods management, and In-time availability of material and cost-effectiveness.

The SAP MM application module supports the procurement and inventory functions occurring in day-to-day business operations. SAP MM contains many business functions such as purchasing, goods receiving, material storage, consumption-based planning, and inventory. SAP MM gets easily integrated with other SAP modules such as Finance (FI), Controlling (CO)
, Sales and Distribution (SD), Quality Management (QM), Plant Maintenance (PM), Production Planning (PP), Warehouse Management (WM)
, Extended Warehouse Management (EWM), Project Systems (PS), and more.

SAP MM is an essential module in the SAP ERP Central Component (ECC) and equips organizations with materials, inventory and warehouse management capabilities. The primary role of SAP MM is to ensure that all materials of an organization are maintained in the right quantities at the right time in the right place. It ensures that there are no shortages or supply gaps in an organization's supply chain. It helps inventory managers, warehouse managers and other supply chain professionals complete the purchasing of raw materials and goods in a timely and cost-effective manner. One of the biggest challenges facing the firms today is material & inventory management. SAP MM helps organizations enhance their supply chain, inventory and warehouse management by providing complete control over the workforce, machines and materials. By implementing SAP MM, organizations can streamline their production line, supply chain and logistics to deliver materials to customers efficiently and cost-effectively.

Key features of an SAP MM application software include the following:

SAP MM deals with Inventory Management and Material Management.

It facilitates process that keeps in check the scarcity or violation in the Supply Chain of a company.

SAP MM handles Master Data, Valuation of Material, Material Requirement, Invoice Verification, Procurement Activities etc.

Manage Procurement Process, Master Data (Material & Vendor Master), Account Resolution & Valuation of fabric, Inventory Management, Invoice Verification, Material Requirement Planning, etc.

To accelerate productivity and cut costs, it manages the Material (products/services) and resources of a company.

MM module manages material management and stock management.

SAP MM module ensures that there aren't any gaps within the store chain process of the community. It facilitates the procurement and material management activities, making the business run smoothly with the whole time and cost-efficiency.

It starts with collecting the materials (products and/or services) and resources of a company to rev productivity and lower costs. SAP MM is adaptable to implement changes that are regular in any enterprise environment.