SAP MM Online Training

There are many institutes offering SAP MM online training courses, but not all provide the same quality. The best courses are those that offer high-quality content and are taught by experienced professionals. When selecting an SAP MM online training course, consider the quality of content and the expertise of the instructor. The best SAP MM training courses are taught by professionals with extensive knowledge and real-world experience. The content should be relevant and equip you with the skills you need to succeed.

SAP MM training is ideal for those looking to become an SAP MM consultant, analyst, or manager. It’s also beneficial for those wanting to expand their existing knowledge of SAP MM. Trailevate Solution offers pocket-friendly SAP MM training fees.

SAP MM Training Overview

The Materials Management (MM) module is the business operations area that handles day-to-day activities, such as purchasing, inventory management, material requirements planning, master data (materials and suppliers), material evaluation, supplier assessment, and billing verification. SAP MM is crucial for companies in the manufacturing sector as it helps optimize business processes.

Topics Covered

• SAP Introduction & Overview, and Basic Concepts
• Organization Structure & its Configuration
• Execution of Procurement Cycle
• Configuration for Material Master Data
• Configuration for Vendor Master
• Configuration for Purchasing Info Record & Source List
• Configuration for Purchase Requisition & RFQ
• Configuration for Contracts & Scheduling Agreements
• Configuration for Purchase Order Types
• Pricing Procedure
• Release Procedures
• Goods Receipt for Material
• Invoice Verification
• External Services Management
• Inventory Management with SAP MM
• Movement Type Creation
• Configuration for Valuation & Account Determination
• Configuration for Split Valuation
• Consumption-Based Planning (CBP)
• Physical Inventory Management
• Automatic PO Process
• Standard Reports
• Cross-Functional Customizing

Overview of SAP MM

SAP MM (Material Management) is a module of SAP ERP that manages material management, inventory, and warehouse functions in the supply chain. It is part of the logistics functions within SAP ECC and includes various sub-modules such as Master Data, Purchasing, and Inventory.

The five major components of SAP MM are:

• Consumption-Based Planning (MM-CBP): Monitors stocks and automatically creates procurement proposals for production and purchasing.
• Purchasing (MM-PUR): Facilitates communication among all participants in the procurement process.
• External Services Management (MM-SRV): Manages bid invitations, order placements, acceptance of services, and invoice verification.
• Inventory Management (MM-IV): Manages physical stock and tracks inventory based on quantity and value.
• Logistics Invoice Verification (MM-IV): Verifies invoices in the logistics supply chain, completing the purchasing and inventory processes.

Features of SAP MM

• SAP MM handles material management and inventory management.
• Material management ensures no shortages or gaps in the supply chain.
• SAP MM optimizes procurement and material management activities to improve business efficiency.
• SAP MM manages materials and resources to enhance productivity and reduce costs.
• It supports procurement processes, master data (materials and vendor master), account determination, material valuation, and inventory management.

Organizational Structure & Configuration

In SAP MM, the organizational structure is based on functional areas such as purchasing, inventory management, and shipping. The purchasing department orders materials, negotiates prices, and gets products at the best prices. Inventory management tracks the stock and ensures materials are available when needed. The shipping department handles the shipment of materials.

Execution of Procurement Cycle

The SAP MM procurement cycle starts with identifying the need for goods or services and ends with the receipt of the materials. The cycle involves:

1. Identifying the need for goods or services.
2. Creating a purchase requisition.
3. Approving and sending the requisition to the purchasing department.
4. Creating and processing purchase orders.
5. Receiving the goods or services.
6. Creating a goods receipt and updating the system.
7. Performing inventory management tasks.
8. Verifying invoices and processing payments.

SAP MM Configuration for Material Master Data

The material master is a key data object in SAP MM. It contains all information about a material, including inventory, pricing, purchasing, and sales data. Proper setup of material master data ensures correct transaction processing. This includes:

• Material number, description, and manufacturer.
• Configuration of material features, plant attributes, and storage locations.
• Pricing and inventory data, such as stock types and groups.
• Purchase and sales data, including order types and priorities.

This SAP MM online training is beneficial for beginners and those wanting to learn how to manage supply chain activities using SAP MM to meet market demands efficiently.

SAP MM Software Usage Guidance

A step-by-step guide for using SAP MM includes:

1. Log in to the SAP system.
2. Navigate to the MM module.
3. Familiarize yourself with the sub-modules such as purchasing, inventory, and invoice verification.
4. Create purchase requests, orders, and track their status.
5. Create goods receipts and manage inventory.
6. Verify vendor invoices and process payments.
7. Run reports to monitor procurement and inventory performance.