Purchase and Inventory Management with SAP MM

Purchase andinventory 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.

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

 

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