SAP MM (Materials Management) Certification Training

Description

A warm welcome to the SAP MM (Materials Management) course by Uplatz.

SAP MM (Materials Management) is one the largest functional module in SAP. This module primarily deals with Procurement Process, Master Data (Material & Vendor Master), Inventory Management, Valuation of Material & Account Determination, Material Requirement Planning , Invoice Verification, etc.

SAP MM is an important module of the SAP ERP ECC. It offers warehouse and inventory management facilities. This is because materials management is a key purpose needed to sustain their supply chain. The main purpose of the SAP PP application software is to ensure that the supply chain has no gaps. The software assists employees to make sure that the materials are available in suitable quantity and can be used in a streamlined manner across the production line. The SAP MM module supports the procurement and inventory functional processes taking place in day-to-day business operations. It includes various business elements such as purchase, goods received, inventory, material storage, planning, warehouse supply, and more.

SAP Material Management provides the functionality required to purchase goods and services, manage inventory, and inspect incoming materials. The Purchasing function involves creation of requisitions, requisition approval, purchase order generation, and receipt of goods and services. Similarly, Inventory Management includes issuing and transferring inventory, inventory restocking, and the inventory count and adjustment processes. The MM module includes two important master data – material and vendor. Broadly, various levels that can be defined for an SAP MM implementation are Client, Company Code, Plant, Storage Location and Purchase Organization.

This is an end-to-end SAP MM course offered by Uplatz and intends to provide you the MM configuration, implementation, and management information that consists of several mechanism and sub-components prominently including Master Data, Purchasing, and Inventory, Evaluation of Materials, Consumption-based planning, and Invoice Verification. In the beginning of the SAP MM training, there is an overview of the ERP system, SAP tools, navigation, enterprise structure, and the like.

If you wish to go for a growing career option and experience in Supply Chain Management and Procurement, then learning SAP MM module is the correct choice. This SAP MM course consists of extensive deep-dive topics in material master, master data, procurement, and inventory management. Upon completion of this SAP MM course you will gain a comprehensive understanding of the SAP Materials Management (MM) module. Even if you are a beginner, this course will help you acquire key skills expected from an SAP MM Consultant.

Course Objectives

• Understand the core concepts of SAP MM

• Learn about Plant – This is a location where inventory items can be stored. Companies can store their financial transactions and maintain them

• Learn about Storage Locations – This is the physical location where the stock is kept

• Learn about Purchase organization – This unit contains the data related to purchase orders and pricing. This makes the acquisition of goods cost-effective.

• Acquire extensive knowledge about the Functions and Objectives of Material Management

• Get acquainted with the organizational structure of an enterprise in the SAP R/3 System

• Define various Document Types such as PR, PO, REQ, Contract, and more for Purchasing Documents

• Gain knowledge about the Release group, Release codes, Release Indicator, Release prerequisite, Release strategies

• Learn about the Schema Group, Calculation Schema, Schema Group Vendors, Schema Determination, and more

• Get Acquainted with the organization for service categories, number ranges for Service Entry Sheet, and more

• Create Physical Inventory Document and list of Inventory Differences

• Learn about Stock transport Order, Returnable Transport Packaging, Third Party Processing, and more

• Know extensively about Material Valuation, Split Valuation, Global Categories, and more

• Acquire knowledge about the Invoice Verification Procedure, Invoice for Purchase Order, Automatic Settlements (ERS), GR/IR Account Maintenance, and more

• Integrate MM with other Modules such as FI/CO, SD, PP

SAP MM - Course Curriculum

1. SAP MM Overview

2. SAP MM Organizational Structure

3. SAP Procure to Pay Process

4. SAP Stock Transfer Order and Stock Transfer Process

5. Subcontracting Process in SAP

6. Vendor Consignment Process in SAP

7. SAP Movement Types

8. SAP Vendor Master Data

9. SAP MM Material Master

10. SAP Purchasing Info Record

11. SAP MM Pricing Conditions

12. SAP Mass Maintenance (MASS Transaction)

13. SAP Purchase Requisition

14. SAP Request for Quotation (RFQ)

15. Convert Purchase Requisition to Purchase Order in SAP

16. SAP Purchase Order (with Reference to RFQ)

17. SAP Purchase Order Acknowledgement

18. SAP Material Valuation

19. SAP Inventory Valuation

20. SAP Goods Receipt for Consumable Material

21. SAP Goods Receipt for Stock Material

22. SAP Stock Types

23. SAP Invoice Verification

24. SAP MMBE Stock Overview

25. SAP Blanket Purchase Order

26. SAP Source List

27. SAP Evaluated Receipt Settlement

28. SAP Service Master

29. SAP Service Conditions

30. SAP Service Entry Sheet

31. SAP Service Invoice Verification

32. SAP Purchase Order Report

33. SAP Purchase Requisition Report

34. SAP Vendor Invoice Report

35. SAP Logistics Information System

36. SAP MM Info Structure

37. SAP MRP Process

38. SAP MRP vs CBP

39. SAP MRP Procedures

40. SAP MRP Types

41. SAP MRP Profile

42. SAP Material Status

43. SAP Reorder Point Planning

44. SAP Consumption-Based Planning

45. SAP MM FI Integration

SAP MM Certification

If you wish to go for the formal certifications provided by SAP in this area, some of the key certifications offered by SAP for candidates interested in building a career in materials management are:

• SAP Certified Application Associate - Procurement with SAP ERP 6.0 EhP7

• SAP Ariba Procurement

• SAP S/4HANA Cloud (public) - Procurement Implementation

• SAP S/4HANA Sourcing and Procurement - Upskilling for ERP Experts

• SAP S/4HANA Sourcing and Procurement

Key Features of SAP MM

• SAP MM deals with Inventory Management and Material Management.

• It facilitates process that keeps in check the scarcity or violation in the Supply Chain of a company.

• SAP MM handles Master Data, Valuation of Material, Material Requirement, Invoice Verification, Procurement Activities etc.

• Manage Procurement Process, Master Data (Material & Vendor Master), Account Resolution & Valuation of fabric, Inventory Management, Invoice Verification, Material Requirement Planning, etc.

• To accelerate productivity and cut costs, it manages the Material (products/services) and resources of a company.

• MM module manages material management and stock management.

• SAP MM module ensures that there aren't any gaps within the store chain process of the community. It facilitates the procurement and material management activities, making the business run smoothly with the whole time and cost-efficiency.

• It starts with collecting the materials (products and/or services) and resources of a company to rev productivity and lower costs. SAP MM is adaptable to implement changes that are regular in any enterprise environment.

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