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SAP Materials Management (MM)

SAP Materials Management (MM) - SAP ERP Tutorial

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SAP Materials Management (MM)

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- [Instructor] The next module we'll take a look at is materials management or MM. This is a logistics module that many other modules rely on to keep the supply chain functioning. Materials management ensures that there are always the required materials in stock. The key benefits of materials management are the way it can help increase productivity and reduce costs by handling materials efficiently. The four major components of materials management in SAP are material master data, purchasing, inventory management and physical inventory. First, we'll look at master data in materials management. One component of MM master data are material master records. They include a huge amount of information about a specific material. Next, our business partner records for suppliers. These records document all the physical and financial information pertaining to the suppliers a company is working with. Finally, we've got purchasing…

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