SAP S/4HANA MM

10 Weeks

All levels

113 lessons

32 quizzes

1 student

Overview
Curriculum
Instructor
FAQs

SAP Material Management (MM) Overview

What is SAP MM?

SAP MM is a module within SAP ERP (Enterprise Resource Planning) that deals with procurement, inventory management, and material valuation. It ensures the availability of materials for production and other business processes.

Key Features of SAP MM:

Procurement Process: Manage procurement activities such as requisitioning, sourcing, purchase orders, and vendor evaluation.
Inventory Management: Track and control inventory levels, movements, and stock transfers across multiple locations.
Material Valuation: Determine the value of materials based on various valuation methods such as standard price, moving average price, and actual cost.
Invoice Verification: Verify vendor invoices against purchase orders and goods receipts to ensure accuracy and compliance.
Master Data Management: Maintain material master records, vendor master data, and purchasing info records to support procurement and inventory processes.
Integration: Integrate with other SAP modules like Sales and Distribution (SD), Production Planning (PP), and Finance (FI) for seamless business operations.
Reporting and Analytics: Generate reports and analytics to monitor procurement performance, inventory turnover, and material costs.

Benefits of SAP MM:

Cost Savings: Optimize procurement processes to reduce purchasing costs and inventory holding costs.
Efficient Resource Planning: Ensure timely availability of materials to support production and customer demands.
Compliance and Control: Maintain regulatory compliance and control over procurement and inventory processes.
Data-driven Decision Making: Utilize real-time data and analytics for informed decision-making and strategic planning.

SAP MM Training Objectives:

Introduction to SAP MM: Overview of SAP ERP and the role of SAP MM in business operations.
Procurement Processes: Understanding the procurement lifecycle from requisition to invoice verification.
Inventory Management: Learning how to manage inventory effectively using SAP MM.
Master Data: Creating and maintaining master data for materials, vendors, and purchasing info records.
Integration: Understanding how SAP MM integrates with other SAP modules.
Reporting and Analytics: Using reporting tools to analyze procurement and inventory data.

Who Should Take This Course?

Procurement Professionals: Individuals involved in purchasing and procurement activities.
Inventory Controllers: Professionals responsible for managing inventory levels and stock movements.
SAP Consultants: Those looking to specialize in SAP MM implementation and support.

Conclusion

SAP MM is essential for organizations to manage their procurement and inventory effectively, ensuring the right materials are available at the right time and cost. Mastering SAP MM can lead to improved operational efficiency and cost savings, making it a valuable skill for professionals in supply chain and logistics roles.

LITMM

Introduction to SAP S/4HANA Senior Faculty With over 10 years of extensive real-time experience in SAP implementation and support projects, I bring a wealth of expertise to SAP S/4HANA online training. My career spans across various global template projects, where I have successfully implemented SAP solutions using Activate methodology, ensuring streamlined project execution and adherence to project quality standards. Throughout my career, I have developed and utilized cutting-edge tools and templates to facilitate efficient project management and delivery. My approach integrates industry best practices, honed through hands-on experience in client-facing roles across diverse industries. This includes deep involvement in configuring SAP solutions to meet unique business requirements, optimizing processes, and delivering tangible business outcomes. My training methodology emphasizes practical insights gained from numerous successful implementations, empowering participants with actionable knowledge and skills. Whether you’re new to SAP or seeking advanced proficiency in SAP S/4HANA, my courses are designed to equip you with the practical insights and expertise needed to excel in your SAP journey.

Requirements

Basic Qualifications: Open to individuals with any degree
Technical Requirements: A computer or laptop with an internet connection. Basic knowledge of business processes (optional but beneficial).
Software Access: Access to SAP S/4HANA system (if required for practical exercises)

Features

Comprehensive Curriculum: Covers procurement, inventory management, and material planning.
Step-by-Step Guidance: Detailed instructions for configuration and process workflows.
Hands-On Exercises: Practical examples to apply learning in real-world scenarios.
Integrated Learning: Includes topics relevant to other SAP modules like Sales, Finance, and Logistics.
Self-Paced Access: Flexible online access for convenient learning.
Certification Focus: Prepares learners for SAP MM certification and career advancement.

Target audiences

Professionals: Aspiring SAP consultants. Procurement, inventory, and supply chain professionals.
Students and Graduates: Those aiming to build a career in SAP or enterprise resource planning.
Organizations: Companies implementing or transitioning to SAP S/4HANA.
Beginners: No prior SAP experience required, suitable for those new to SAP Materials Management.