ALL >> Education >> View Article
Sap Mm Online Training
Total Articles: 1
Introduction to SAP MM
SAP Material Management (MM) is one of the important modules in SAP ERP software. SAP MM application module supports the procurement and inventory functions occurring in everyday business operations. The roles of SAP MM in a business process is: SAP MM is a part of Logistics area and helps to manage the procurement activity of an organization from procurement. It is fully integrated with the other modules such as Sales and Distribution, Production Planning, Plant Maintenance, Project Systems, and Warehouse Management of the SAP System.
SAP MM covers the functionality required to purchase goods and services, manage inventory, and inspect incoming materials. The Purchasing function includes creation of requisitions, requisition approval, purchase order generation, and receipt of goods and services. Inventory Management includes issuing and transferring inventory, inventory restocking, and the inventory count and adjustment processes.
SAP MM Module Process Flow
1.Determination of Material Requirements
Material requirement are identified either by the client, department or via material planning and control. For e.g. a MRP run in production planning or material falling short of reorder-point can automatically generate Purchase Requisition. At the same time PR can be created manually in the system.
Identify the possible source of supply based on the past order and existing long term purchase contract. Then create Request for Quotation, which can be then sent electronically to vendors.
3.Vendor Selection and Comparison of Quotation
After receiving quotation system is capable to simulate pricing scenarios, allowing user to compare number of quotations and sent rejection letter automatically.
4.Purchase Order Processing
Data from Purchase Requisition can be adopted to create Purchase Orders. Purchase Order is then sent to Vendor to supply the goods.
5.Purchase Order Follow-up
Reminder can be sent to vendors at predefined intervals.
6.Goods Receiving and Inventory Management
It is the phase in which the material is received by the company and the condition and quality are verified. In this phase Invoice is received from the vendor (seller).
Along with the goods vendor also submits Invoice, system verifies then invoice against the quantity received and PO data. The account payable clerk is notified.
Features of SAP MM
The features of a SAP MM system are as follows:
•SAP MM is one of the modules of SAP that deals with material management and inventory management.
•Material Management as a process ensures no shortage of materials or any gaps in the supply chain process of the organization. SAP MM speeds up the procurement and material management activities, making the business run smoothly with complete time and cost efficiency.
•It deals with managing the materials and resources of an organization with the aim of accelerating productivity and reducing costs. At the same time, SAP MM is quite versatile to accommodate changes that are frequent in any business environment.
•It deals with the Procurement Process, Master Data , Account Determination & Valuation of Material, Inventory Management, Invoice Verification and Material Requirement Planning.
SAP MM Training at SAPVITS
SAPVITS is one of the leading SAP Online Training and consulting company. We provide extensive SAP training to corporate and individuals. We recognize that many of you are willing to put the extra effort to migrate to SAP practice and become SAP consultants. We help you achieve your goal with a team of experienced SAP instructors, excellent infrastructure, and a clear roadmap to SAP certification.
SAPVITS provide SAP MM Training and other SAP modules. We have designed this course according to the industry standards. SAPVITS has an experience in Training and SAP Consulting for more than 9 years.
Salient Features of the Training are
•Interactive training for better learning.
•Pre-evaluations-learn only what you need to learn.
•Experienced and certified.
•Convenient weekday and weekend batches.
•Timings for the classes are arranged upon flexibility of both the Trainee and the Trainer.
•24X7 Remote Server Access.
•Lab exercises provided for hands-on training.
•Soft copy of study material.
•Access to the recorded videos which you have attended.
For More Details Contact Us
Vintage IT Solutions
UK:- +44 141 416 8898
India:- +91 992 284 8898
USA:- +1 678 389 8898
Education Articles1. Industrial Safety Online Course
Author: Somiya khatun
2. Intensive Chinese Language Program Shanghai – Become The Master Of The Language
Author: Michel Kern
3. How Primavera Training Program Is Beneficial For Your Career Growth?
4. How Is The Future Of Ios Developer In Today's Technology?
5. Ibm Mdm Online Training
Author: ukumari VirtualNuggets
6. The Online Oracle Interview Questions Help In Your Interview Preparation
7. 10 Most Common Mistakes Every Beginner Java Programmer Makes
8. How Is Ms Ramaiah Institute Of Technology In Terms Of Placements, Ranking, Fees And Admissions?
9. Top Ways To Know How Digital Marketing Grow Your Business Online
Author: Vishal Varma
10. Best Techniques And Tactics For Sales And Marketing Coach
Author: Sanjay Burman
11. Sales And Marketing Strategy By Synture Group For Small Businesses
Author: Mrs. Manushree Soni
12. Best Education Channels In India – Enriching The Students Future
Author: Nitesh Sharma
13. Problems With Programs And The Law Of Attraction
Author: Shannon Panzo
14. Enrol Into An Ielts Coaching Class To Derive Meritorious Results In English
Author: Jackson Snowball
15. Get Familiarize With The Key Benefits Of Cbap Training Program