Purchase and Inventory Management with SAP MM

Purchase and inventory management with SAP MM is one of the most excellent business processes in the organization. Various types of the procurement processes are managed with this system. In this system vendor master data, consumption, planning, purchasing and inventory management, invoice verification etc. and so on.

SAP MM Modules is a fully integrated module with the other modules like purchase, finance (FI), controlling (CO), sales and distribution (SD), warehouse management etc.

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SAP MM Modules deals with the following process

  • Purchase requirement
  • Purchase requisition
  • Purchase order
  • PO approval workflow using release strategy
  • Good receipt
  • Services entries
  • Vendor invoice
  • Payment to vendor
  • Stock transport orders
  • Vendor evaluation
  • Import process

Features of SAP MM modules

  • These modules deals with material management and inventory management
  • Help to the business to run smoother
  • Its saves time and cost efficiency
  • Process of purchase order
  • Managing materials products or services of an organization
What is SAP MM?

SAP MM (Material management) is one of the important modules in SAP ERP software and MM application modules support the procurement, inventory functions happening in day to day business. The modules contain many aspects like purchasing; good receiving, consumed based planning, inventory management. VSD SAP MM consultant support all services materials planning, control, purchasing, Inventory management and Invoice verification. SAP MM is the main component of any SAP Implementation.

Purchasing and Procurement management is one of the important processes in SAP MM. The purchasing process is started with the creation of

  • Purchase Requisition (PR)
  • Purchase Order (PO),
  • Good Receipt ,
  • Services
  • Invoice Verification
  • Payment to vendors
Features of SAP MM
  • SAP MM one of the most modules of SAP which deals with the material management and inventory management
  • It highly deals with the various procurement process, master data, Account determination, Valuation of materials, Inventory management, Invoice verification, and materials requirement.
  • Helps in the organization means Material Management process ensure that never a shortage of materials or any gaps in the supply chain process of the Organization.
  • It runs the business smoother with the complete time and cost efficiency.

 

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