SAP MM
The SAP ERP (Enterprise Resource Planning) system includes a module called SAP Materials Management, or SAP MM. It is intended to handle a company’s inventory and procurement processes. SAP MM is an essential tool for supply chain management, assisting businesses in effectively managing their inventory and manpower. Among the main attributes and capabilities of SAP MM.
Procurement
Purchase orders, RFQs, purchase requisitions, and supplier evaluations are all supported by SAP MM throughout the procurement process. It makes it possible for businesses to simplify the acquisition of products and services.
Material Master Data: Material types, descriptions, units of measurement, and other material-related information are all kept up to date in a comprehensive database maintained by SAP MM. Numerous inventory and procurement procedures depend on this data.
Vendor Management
With SAP MM, businesses can keep track of their suppliers’ performance, manage their relationships, and keep information about them.
Verification of Incoming Invoices
SAP MM facilitates the check that incoming invoices correspond with purchase orders and goods receipts. Accurate financial accounting and payment processing are aided by this.
Goods Issue and Receipt
SAP MM updates inventory levels, gives real-time visibility into stock movements, and records goods issues and receipts.
 system includes a module called SAP Materials Management, or SAP MM. It is intended){kind=link}