From the course: SAP S/4HANA Essential Training

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SAP Materials Management (MM)

SAP Materials Management (MM) - SAP Tutorial

From the course: SAP S/4HANA Essential Training

SAP Materials Management (MM)

The next module we'll analyze is materials management or MM. Materials management tracks the material journey from manufacture all the way to customer. With SAP's new terminology, the functions of materials management are being split into two different lines of business. Purchasing functions are now in the sourcing and procurement line of business. An inventory management functions are in the supply chain line of business. Materials management ensures we always have the required materials in stock, and that we handle those materials efficiently to help us increase productivity and reduce cost. The four major components of materials management in SAP are master data, purchasing, inventory management, and physical inventory. First, we'll look at master data in materials management. A crucial component of MM master data are what is called material master records. They include a huge amount of information about a specific material.…

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