Sap Mm
The SAP (Systems, Applications, and Products in Data Processing) ERP (Enterprise Resource Planning) software suite includes the SAP MM (SAP Materials Management) module. It is mostly concerned with overseeing inventory control and procurement procedures inside an organisation. Businesses can streamline their inventory and procurement processes with the aid of SAP MM, resulting in effective supply chain management.
Master Data
SAP MM assists in handling master data for products, vendors, and suppliers. Information on goods, suppliers, and purchasing organisations is included.
Procurement
It supports a number of procurement procedures, including purchase orders, RFQs, and purchase requisitions. It also manages the workflow for these processes’ approvals.
Goods Issues and Receiving
With the help of this module, you can track the issuance of goods for consumption or production as well as the receipt of goods into inventory.
Inventory management capabilities, such as those for recording and managing goods receipts, issues, and physical inventory counts are provided by SAP MM.
Standard pricing, moving average price, and real costing are only a few of the techniques of valuing inventories that are supported by material valuation.
Material Requirements Planning (MRP)
Based on demand projections and stock levels, MRP functionality in SAP MM aids organisations in planning and managing their material requirements.
 ERP (Enterprise Resource Planning) software suite includes){kind=link}