What are the components of SAP MM?

The SAP MM module comprises of many sub-components and the important ones are as follows:

• Master data.
• Purchasing.
• Inventory management.
• Invoicing verification.
• Physical inventory.
• Material valuation.
• Service management.

What are the four major components of materials management mm in SAP?

The four major components of materials management:

• SAP is material master data,
• Purchasing,
• Inventory management and physical inventory.
• Master data in materials management. One component of MM master data is material master records they include a huge amount of information about a specific material.

What is SAP MM module explain in detail?

SAP MM (Material Management) Module is a SAP ERP component that helps organizations with material management, inventory management, and warehouse management in the supply chain process. Transaction (in SAP) means processing of certain information in order to complete business process requirement.

Where is SAP MM used?

SAP MM is used for procurement and inventory management. The module has two important master data – material and vendor. Broadly, the various levels that can be defined for a SAP MM (Material management) implementation are: Client, Company Code, Plant, Storage Location and Purchase Organization.

How many types of SAP are there?

There are 2 Types of SAP ERP system Modules: Functional Modules and Technical Modules. All SAP Modules integrate with each other with functionality and provide the best solution for a Business.

What is the use of sap mm?

SAP MM is one of the modules of SAP that deals with material management and inventory management. SAP MM speeds up the procurement and material management activities, making the business run smoothly with complete time and cost-efficiency. SAP MM is one of the modules of SAP that deals with material management and inventory management.

What is the sap materials management module?

SAP Materials Management Module is one of the SAP modules responsible for material management and inventory management. Materiel management as a process ensures that there is no shortage of materials or deficiencies in the organization’s supply chain process.

What is the integration of sap mm with other modules?

SAP MM module is fully integrated with other modules in the SAP R/3 System such as Finance (FI), Controlling (CO), Sales and Distribution (SD), Quality Management (QM), Plant Maintenance (PM), Production Planning (PP), and Warehouse Management (WM).

What is the difference between inventory management and pricing in SAP mm?

Purchasing is a component of SAP MM module, and its process can be roughly depicted in below diagram. Inventory management is used to manage the inventory of the goods. Pricing procedure for MM module in SAP is a way to determine prices in purchasing documents.