SAP MM ERP (Material Management) Course Overview
The SAP MM ERP (Material Management) Course Overview provides essential knowledge for managing procurement and inventory processes within SAP systems. This course is crucial for supply chain managers, procurement specialists, and inventory control professionals, enhancing their skills to optimize operations and improve efficiency in material management. Equip yourself with the expertise to drive business success in today's competitive landscape.
Course outline & what you'll learn
- Introduction to SAP MM (Material Management)
Overview of SAP and ERP concepts
- Importance of material management in business processes
- Organizational units in MM
- Master data in MM: Material master, vendor master, and purchasing info records
- Types of purchasing documents (purchase orders, contracts, etc.)
- Source determination and vendor selection
- Purchase requisition and approval processes
- Goods receipt and goods issue processes
- Stock types and inventory valuation
- Physical inventory procedures
- Concepts of valuation in SAP MM
- Account determination for various transactions
- Integration with Financial Accounting (FI)
- Process of invoice verification in procurement
- Handling discrepancies between invoice and goods receipt
- Integration with Accounts Payable
- Consignment and subcontracting processes
- Stock transfers and inter-company stock transfer
- Standard reports available in SAP MM
- Key performance indicators and metrics
- Custom reporting options
- Interaction between MM and SD (Sales and Distribution)
- Integration with PP (Production Planning) and WM (Warehouse Management)
- Hands-on practice with SAP MM features
- Real-world case studies to illustrate MM processes
- Review of key concepts covered
- Final assessment and feedback session
Why train with Traincrest
This SAP course is delivered by Traincrest's certified instructors, live online or in the classroom, with hands-on labs and a 98% exam success rate. Trusted by 500+ companies and 50,000+ students worldwide.