SAP MM
The SAP ERP (Enterprise Resource Planning) system contains a module called SAP MM (Materials Management) that is dedicated to managing resources and materials inside an organisation. The numerous procurement and inventory management processes are intended to be streamlined and optimised. In order to support its business activities, an organisation must have the appropriate materials available at the appropriate time and in the appropriate quantities. SAP MM is essential in accomplishing this.
Creating buy orders and requisitions as well as overseeing the procurement process are all part of procurement. It aids businesses in acquiring the products and services they require from vendors.
Inventory Management: With SAP MM, businesses can keep track of their stock levels, control stock transfers, and optimise inventory levels to cut costs while ensuring materials are always on hand.