What is SAP MM means, full form or SD stands for (Material Management), This Tutorial for beginners explains what SAP MM. This Online Tutorial gives brief understanding of SAP Materials Management module concepts and with examples,
SAP MM (Material Management) is module of SAP ERP which automates inventory management system and invoice verification etc. You can get solution for all relevant queries to MM in Tutorial, transaction codes. The Materials Management functionality includes a number of important master data files. The Material Master and Vendor Master files are at the core of Procurement, Inventory Management, and Invoice Verification.
SAP Material management is the process of directing and controlling resources or procedures to accomplish the organizational objectives of providing quality material responsively and cost-effectively through logistics processes such as requirements development, storage, distribution, acquisition, disposal, transportation, accountability, and inventory management and control.
Master conditions in SAP are conditions that determine the effective price in the purchase order. They serve as a central repository of pricing for purchase orders. They are automatically included in the price calculation in the purchase order if the … Read More
A contract is a longer-term agreement with a vendor (one of the two forms of “outline agreement” in the SAP system) to supply a material or provide a service for a certain period of time. A number of … Read More
To discuss the Condition technique in sap,
The condition technique is used to define pricing across applications. For example, it is used in the SAP SD (Sales & Distribution) module as well as in the SAP MM module. The … Read More
The scheduling agreement has similarities with a quantity contract: it states the target quantity of a material to be ordered from a vendor over a period of time, and the price. For each material to be procured, you create … Read More
This post provides general information about purchase order and how they are processed with Material Management (MM) Purchasing. The purchase order defines a formal request or instruction from purchasing organization to vendor or a plant to supply certain quantity … Read More
The SAP SD Master data forms the basis of the SD processing. Master data is the responsibility of all SAP modules, as each module has an element of it. However, many other modules other than SAP SD, such as … Read More
The purchasing info records is source of information for purchasing. It contains information on a specific material and a vendor supplying the material. For example, the vendor’s current pricing is stored in the info record. The purchasing info records referred … Read More