MM Overview
SAP MM is a part of supply chain application.
Lets take an example , we are buying raw materials outside and manufacturing a Bread.
Process begins with procurement of raw material from vendor and storing in warehouse (Material Management module),Taking this raw material and baking bread with different sizes (Production Planning Modules) .Selling this to customer (Sales & Distribution Module). Once the sale is performed , this details will be going to Finance for settlement (FI-CO modules).
As explained above SAP is tightly integrated and will help organization to perform operation easily .
The MM application module supports the procurement inventory functions occurring in day to day business operations.
Key Elements
- Enterprise structure
- Master data maintenance
- material procurement (purchasing)
- Inventory management
- special procurement
- material requirement planning
- Invoice verification
- Material valuation
- Vendor evaluation
- External Services management
- Batch Management
- Purchasing information System
- Inventory Controlling Information System
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