Additionally, it is considered the most significant functional module of Systems Applications and Products in Data Processing that effectively manages all the tasks and activities that need a lot of workforce and software solutions. Due to several benefits it offers, SAP MM is widely used globally by millions of organizations and is highly famous.

Popular Modules of SAP MM (Material Management)

1) Master Data: It is a fundamental module used as a base for any transaction, whether selling, purchasing, transferring stock, etc. You will find different types of master data such as customer data, pricing data, warehouse management data, vendor data, and material data.

2) Purchasing: Another vital sub-module of SAP MM is purchasing. It is held responsible for fulfilling the needs of the material planning department. Furthermore, it comprises various activities, including monitoring vendor payments, purchasing materials, and considering supply sources.

3) Inventory Management: This module handles the inventory of goods. It includes different vital processes such as:

• Definition of movement types
• Reservations
• Goods issue
• Goods receipt

4) Other Modules: Apart from the above-given modules, SAP MM also comprises Material Requirement Planning, Material Valuation, Invoice Verification, Physical Inventory, and Service Management.

Procurement Process

The procurement process is one of the most critical processes in the SAP MM module. The process starts by analyzing the need for material. In case if sufficient material is not available, then employees have to look for a vendor. Moreover, it comprises of different vital steps such as:

• Purchase Requisition
• Purchase Order
• Receipt of Goods
• Verification of Invoice
• Vendor Payment

SAP MM Features

#It helps in minimizing operational costs.

#It plays an essential role in enhancing customer satisfaction by increasing the product delivery time.

# SAP MM module also assists in reducing the material and labor cost. It helps in avoiding the storage of excess goods.

#It also aids in using labor effectively.

#It helps in speeding up productivity.

Future & Opportunities in SAP MM

Well, SAP MM has a great future. You will find plenty of career opportunities. But you have to take SAP MM online training to acquire all the relevant skills and knowledge. For this, reach out to ShapeMySkills Pvt Ltd institute. It is one of the top-rated and recognized providers of SAP MM training in Noida. After completing SAP MM online training, you will be offered a certificate that will help you in the future.