Today Class at 5:30 PM

Today we will start making SAP documents on live system.

PR, PO and GR will covered today.

14th June SAP MM Class

Dear Colleagues

The SAP Class will start 5:30 pm please read about  the new topics and
Try to be on time as we can use the facility until 9 pm only.


Ikran Pasha

Class on Wednesday 12th June 2013

Dear Colleagues

The SAP Class will start 6:30 pm please read about  the new topics and
Try to be on time. There is Oil and Gas Show in town so the transit and
Traffic plans be made accordingly.

Ikran Pasha

Next Class will be on Wednesday 12-06-2013 at 6:15

Next Class will be on Wednesday 12-06-2013

Class Contents:

• Vendor Consignment
• Organizational Levels
• Purchase Order

SAP Material Management Module Overview

SAP MM (Material Management) one the biggest functional module in SAP ERP. This module mainly deals with the Procurement Process, Master Data (Material & Vendor Master), Inventory Management, Valuation of Material & Account Determination, Material Requirement Planning, Invoice Verification etc. This module is highly integrated with several modules in SAP.

SAP MM (Material Management) one the biggest functional module in SAP ERP. This module mainly deals with the Procurement Process, Master Data (Material & Vendor Master), Inventory Management, Valuation of Material & Account Determination, Material Requirement Planning, Invoice Verification etc. This module is highly integrated with several modules in SAP.

SAP Materials management (MM) covers all tasks within the supply chain, including consumption-based planning, planning, vendor evaluation and invoice verification. It also includes Inventory and Warehouse management to manage stock until usage dictates the cycle should begin again. Electronic Kan-ban/Just-in-Time delivery is supported.

Some of the SAP MM  sub-components are:

• Consumption Based Planning: deals with stock replenishment utilizing material requirements planning (MRP), determining lot-sizing procedures, and performing forecasting, potentially with formulas.

• Purchasing: The purchasing area of MM provides the ability to determine possible sources to supply materials/services, the actual procurement of these materials/services, tracking the delivery from vendors, and monitoring the payments to those vendors. Within purchasing are the vendor master records, requisitions, requests for quotes, conditions and prices, purchase orders, and vendor confirmations among many other objects.

• Inventory Management: The inventory management component houses the material and service master records, and controls and tracks all the goods movements, receipts, issues, return receipts, stock transfers, reservations, physical inventory, stock determination, and batch handling. In addition, inventory management contains the actual costing material ledger that supports multiple currencies and valuations of a material as well as calculating an actual price from production.

• Invoice Verification: supports verification and material valuations such as Last In First Out (LIFO) and First In First Out (FIFO), revaluations for price changes, changes to the invoices for credits, taxes, cash discounts, checking the invoices, defining account impacts for invoices, canceling invoices, delivery costs, and determining invoice variances.

• External Services Management: The external services management component is provided to support the complete process of procuring external services from vendors, from bidding on invitations, to awarding the order, to acceptance of services. It is used to define the service specifications, enter the services performed, accept those services, and then verify the service invoice. The information systems within MM consist of vendor valuations, the purchasing information system, and inventory information.

Tagged as: sap mm

SUNDAY TRAINING SESSION

The Sunday class will start 9:30 AM it is early morning but please try to be on time.
Those using transit should know that Sunday the Transit is very much limited.
Let us be on time and make every day worthwhile.

SAP MATERIAL MANAGEMENT SYLLABUS