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8th September 2023

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Sap Mm

One of the most important components of the SAP ERP (Enterprise Resource Planning) system is SAP MM, short for SAP Material Management. It is in charge of overseeing an organization’s inventory and procurement processes. Here are some of the main features and capabilities of SAP MM.

Procurement

SAP MM enables businesses to effectively manage their procurement activities. This entails handling the full procurement lifecycle in addition to creating purchase orders and requisitions.

Inventory management

It aids in controlling the company’s stock levels, including physical inventory and the receipt and issue of items. By doing this, it prevents overstocking and ensures that goods are available when needed.

Vendor management

SAP MM enables you to track vendor performance, manage a database of vendor data, and bargain terms and conditions with suppliers.

You can construct and manage a centralised database of material information, which includes descriptions, costs, units of measurement, and more, using the module.

Using demand projections and existing inventory levels, material needs planning (MRP) helps organisations to plan their material requirements.