Material Management is one in all the foremost vital module of SAP millimeter is that the module of external acquisition and services mm contains of procurement Master data Management and Inventory Management. The process of mm relies upon numerous style of Master data that is held on in numerous sorts of master data Master data consists of material, vendor and purchasing Info records.
Quick video to get an insight into SAP MM:
The process of mm relies on numerous sorts of master knowledge that are keep in master records. The Material Master is employed by all elements in SAP logistics System. Material number unambiguously identifies a master record in material master. Material are classified along and appointed to a material type. We can do external acquisition similarly as internal acquisition.
We can have a totally different style of getting documents within the sort of purchase requisition, RFQ, Quotation, PO, Contract and Scheduling agreement. Inventory management involves the receipt, storage, control, disbursement of materials and supplies. The process of physical inventory can be divided into three phases Inventory preparation, Inventory count and Inventory analysis. Logistic Invoice verification in mm completes the material procurement method.
IF you are already into SAP MM and are well-versed then check the type of questions you might face in your SAP MM interview: