What is SAP Materials Management (SAP MM)?
SAP Materials Management (MM) is a module in SAP Enterprise Resource Planning (ERP) system that maps the materials management of a company. It enables companies to manage and monitor materials, services and relationships with suppliers in order to make material procurement and distribution efficient. It is usually used in conjunction with other core modules of the SAP ERP software such as Finance , Controlling and logistics This provides the necessary functionality to help companies manage their materials, goods and inventory.
SAP MM includes many functions that help companies manage materials. These include storage, ordering, goods receipt, invoice verification, supplier evaluation, supplier management and cost control. It also supports the planning and control of materials, production and logistics.
SAP Materials Management is an essential component Supply Chain Management (SCM) By implementing SAP MM, companies can optimize supply chain processes and save costs.
SAP MM provides companies with flexibility and control that allows them to efficiently meet their material requirements. For example, the software allows them to set up and maintain a central database of material master data, inventory levels, prices, and supplier information. In addition, companies can use SAP MM to perform automated inventory management, track deliveries, and more.
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