Description
A warm welcome to the SAP MM (Materials Management) course by Uplatz. SAP MM (Materials Management) is one the largest functional module in SAP. This module primarily deals with Procurement Process, Master Data (Material & Vendor Master), Inventory Management, Valuation of Material & Account Determination, Material Requirement Planning , Invoice Verification, etc. SAP MM is an important module of the SAP ERP ECC. It offers warehouse and inventory management facilities. This is because materials management is a key purpose needed to sustain their supply chain. The main purpose of the SAP PP application software is to ensure that the supply chain has no gaps. The software assists employees to make sure that the materials are available in suitable quantity and can be used in a streamlined manner across the production line. The SAP MM module supports the procurement and inventory functional processes taking place in day-to-day business operations. It includes various business elements such as purchase, goods received, inventory, material storage, planning, warehouse supply, and more. SAP Material Management provides the functionality required to purchase goods and services, manage inventory, and inspect incoming materials. The Purchasing function involves creation of requisitions, requisition approval, purchase order generation, and receipt of goods and services. Similarly, Inventory Management includes issuing and transferring inventory, inventory restocking, and the inventory count and adjustment processes. The MM module includes two important master data - material and vendor. Broadly, various levels that can be defined for an SAP MM implementation are Client, Company Code, Plant, Storage Location and Purchase Organization. This is an end-to-end SAP MM course offered by Uplatz and intends to provide you the MM configuration, implementation, and management information that consists of several mechanism and sub-components prominently including Master Data, Purchasing, and Inventory, Evaluation of Materials, Consumption-based planning, and Invoice Verification. In the beginning of the SAP MM training, there is an overview of the ERP system, SAP tools, navigation, enterprise structure, and the like. If you wish to go for a growing career option and experience in Supply Chain Management and Procurement, then learning SAP MM module is the correct choice. 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. Course ObjectivesUnderstand the core concepts of SAP MMLearn about Plant - This is a location where inventory items can be stored. Companies can store their financial transactions and maintain themLearn about Storage Locations - This is the physical location where the stock is keptLearn about Purchase organization - This unit contains the data related to purchase orders and pricing. This makes the acquisition of goods cost-effective. Acquire extensive knowledge about the Functions and Objectives of Material ManagementGet acquainted with the organizational structure of an enterprise in the SAP R/3 SystemDefine various Document Types such as PR, PO, REQ, Contract, and more for Purchasing DocumentsGain knowledge about the Release group, Release codes, Release Indicator, Release prerequisite, Release strategiesLearn about the Schema Group, Calculation Schema, Schema Group Vendors, Schema Determination, and moreGet Acquainted with the organization for service categories, number ranges for Service Entry Sheet, and moreCreate Physical Inventory Document and list of Inventory DifferencesLearn about Stock transport Order, Returnable Transport Packaging, Third Party Processing, and moreKnow extensively about Material Valuation, Split Valuation, Global Categories, and moreAcquire knowledge about the Invoice Verification Procedure, Invoice for Purchase Order, Automatic Settlements (ERS), GR/IR Account Maintenance, and moreIntegrate MM with other Modules such as FI/CO, SD, PPSAP MM - Course CurriculumSAP MM OverviewSAP MM Organizational StructureSAP Procure to Pay ProcessSAP Stock Transfer Order and Stock Transfer ProcessSubcontracting Process in SAPVendor Consignment Process in SAPSAP Movement TypesSAP Vendor Master DataSAP MM Material MasterSAP Purchasing Info RecordSAP MM Pricing ConditionsSAP Mass Maintenance (MASS Transaction)SAP Purchase RequisitionSAP Request for Quotation (RFQ)Convert Purchase Requisition to Purchase Order in SAPSAP Purchase Order (with Reference to RFQ)SAP Purchase Order AcknowledgementSAP Material ValuationSAP Inventory ValuationSAP Goods Receipt for Consumable MaterialSAP Goods Receipt for Stock MaterialSAP Stock TypesSAP Invoice VerificationSAP MMBE Stock OverviewSAP Blanket Purchase OrderSAP Source ListSAP Evaluated Receipt SettlementSAP Service MasterSAP Service ConditionsSAP Service Entry SheetSAP Service Invoice VerificationSAP Purchase Order ReportSAP Purchase Requisition ReportSAP Vendor Invoice ReportSAP Logistics Information SystemSAP MM Info StructureSAP MRP ProcessSAP MRP vs CBPSAP MRP ProceduresSAP MRP TypesSAP MRP ProfileSAP Material StatusSAP Reorder Point PlanningSAP Consumption-Based PlanningSAP MM FI IntegrationSAP MM CertificationIf you wish to go for the formal certifications provided by SAP in this area, some of the key certifications offered by SAP for candidates interested in building a career in materials management are: SAP Certified Application Associate - Procurement with SAP ERP 6.0 EhP7SAP Ariba ProcurementSAP S/4HANA Cloud (public) - Procurement ImplementationSAP S/4HANA Sourcing and Procurement - Upskilling for ERP ExpertsSAP S/4HANA Sourcing and ProcurementKey Features of SAP MMSAP 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.
