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What you'll learn
SAP MM (Materials Management) Masterclass
Procurement • Inventory • Valuation • Supply Chain Excellence
Gain in-depth expertise in SAP Materials Management (SAP MM), the core module for procurement and inventory management in SAP ERP. This comprehensive program covers everything from enterprise structure, master data, procurement cycle, release strategy, inventory control, invoice verification, to advanced concepts like split valuation and MRP.
- Hands-on coverage of real-time business scenarios
- End-to-End Procurement & Inventory Management
- Integration with FI, SD & WM Modules
- Learn from Basics to Advanced with final exam prep
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Curriculum
Description: Introduction to SAP, its products, modules, and enterprise structure in SAP R/3 System.
This chapter introduces SAP and its role as one of the leading providers of enterprise application software. It explains the evolution of SAP and how it helps organizations integrate business processes across finance, logistics, human resources, and other areas. The chapter covers the different products offered by SAP, including SAP ERP, SAP S/4HANA, SAP Business Suite, and industry-specific solutions. It also explains the concept of modules in SAP, such as Materials Management (MM), Sales and Distribution (SD), Production Planning (PP), and Financial Accounting (FI), and how these modules work together. Finally, the subject explains the enterprise structure in the SAP R/3 System, including the hierarchy of client, company code, plant, storage location, and purchasing organization, and their importance in managing business processes efficiently.Description: SAP MM Introduction and fundamentals of Materials Management in SAP.
SAP MM (Materials Management) module handles procurement, inventory, and material planning processes in SAP. This subject introduces the fundamentals and its integration with other modules like FI, SD, and PP.Description: Learn the structure and integration of MM, FI, SD, and WM modules along with their basic concepts.
This course explains MM Enterprise Structure, FI Enterprise Structure, SD Basics, WM Basics, and how they integrate across SAP modules.Description: Master Data in SAP MM includes core records such as Material Master, Vendor Master, Purchase Info Record, Source List, and Quota Arrangement which are used across procurement and inventory processes.
This subject covers Material Master, setup and customization, Vendor Master, PIR, Source List, and Quota Arrangement Record.Description: The Material Ledger in SAP is used for multiple valuations, actual costing, and managing currency/valuation types. It is an advanced feature integrated with FI/CO.
This subject covers Material Ledger accounting, activation of Material Ledger, and activation of valuation areas for ML.Description: This subject covers the SAP procurement cycle, from requisition to purchase order. It includes RFQ creation, quotation handling, price comparison, outline agreements, and purchase orders.
Key concepts include Purchase Requisition, RFQ, Quotation Maintenance, Price Comparison, and creation of Purchase Orders for stock.Description: This subject explains the Release Strategy in SAP MM, covering the concept, types of release procedure, creation of characteristics and class, and defining the release procedure.
Key concepts include understanding release procedures, types, and configuration steps such as creating characteristics, classes, and defining the release strategy.Description: This subject explains Special Procurement processes in SAP MM such as Consignment, Pipeline, Subcontracting, Stock Transport Orders, Returnable Transport Packaging, Service Procurement, Import, and Third Party Processing.
It covers various advanced procurement scenarios and their business applications.Description: This subject explains additional PO-related activities in SAP MM such as Return PO, Free items, Pre-closure, Hold, Park, Freight Vendor, and managing Open POs.
It covers special cases and PO lifecycle variations that are frequently required in procurement operations.Description: This subject explains the PO pricing mechanism in SAP MM including calculation schema, pricing procedure, condition types, and access sequences.
It helps to understand how prices are determined automatically in purchase orders using SAP MM pricing functionality.Description: This subject explains valuation of materials using standard/moving average price, material price changes, account determination, and FI-MM integration in SAP MM.
Understanding how material valuation and automatic postings are done in integration with FI.Description: This subject covers SAP MM tax procedure configuration, integration with valuation, account determination, and FI-MM integration for tax-related postings.
Learn how taxes are calculated, integrated with material valuation, and posted automatically in SAP.Description: This subject covers SAP MM inventory management processes such as goods receipts, goods issues, transfer postings, material documents, FI documents, and physical inventory.
Gain practical knowledge of SAP MM inventory movements and their financial integration.Description: This subject covers SAP MM Invoice Verification process including posting vendor invoices, parking, blocking, and releasing invoices in Logistics Invoice Verification.
Understand the process of invoice posting, verification, blocking, and release in SAP MM.Description: This subject covers Stock Transfer processes in SAP MM including one-step and two-step transfers of materials between plants and storage locations.
Learn the concepts of Stock Transfers in SAP MM, including one-step and two-step methods.Description: This subject covers the concept of Split Valuation in SAP MM, including valuation types, categories, and how to create materials with split valuation.
Understand how Split Valuation allows different values for the same material depending on valuation type and category.Description: This subject covers SAP MRP, including plant parameters, MRP groups, types, controllers, and the creation of materials, planned orders, and purchase requisitions.
Learn how MRP helps in planning material availability, ensuring smooth production and procurement processes.Instructor
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