SAP Materials Management
SAP Materials Management (MM) is a core module in SAP ERP that manages procurement activities, material resources, and inventory processing across enterprise supply chains. It supports end-to-end procurement cycles—from purchase requisitions and vendor selection to goods receipt, stock management, and invoice verification.
Key characteristics and components of SAP Materials Management include:
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Procurement Management:
- Handles purchase requisitions, requests for quotation (RFQ), purchase orders, and outline agreements.
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Inventory Management:
- Monitors stock movements, physical inventory counts, goods receipts, and goods issues using movement types.
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Master Data Management:
- Maintains material master records, vendor master records, purchasing info records, and source lists.
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Logistics Invoice Verification (LIV):
- Validates vendor invoices against purchase orders and goods receipt documents (3-way matching).
Recommended prerequisites include:
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Basic Supply Chain Knowledge:
- Understanding of purchasing workflows, inventory control concepts, and vendor relations.
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General ERP Familiarity:
- Basic understanding of corporate business processes and ERP navigation logic.
Skills gained include:
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Enterprise Structure Setup:
- Configuring plants, storage locations, purchasing organizations, and purchasing groups.
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Procurement Cycle Execution:
- Managing purchase orders, release procedures, valuation classes, and automated account determination.
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