The SAP MM sub-modules are – Material Planning, Purchasing, Inventory Management, Vendor Evaluation, Invoice Verification and Statutory Requirements. Thereafter, the payment is sent to the vendors for their goods /services. Subsequently, the Goods Receipt is generated on receipt of the goods ordered, Invoice Verification takes place and the Quality Control activities are set in motion. Starting from the creation of a Purchase Requisition (PR), it moves to the authorization of PR and creation of a Purchase Order (PO). The procurement process consists of a chain of events that take place in order. This module has several features and functionalities that are fully integrated with the other important modules like Finance and Control, Sales and Distribution, Production Planning etc. SAP MM (Material Management) is the module that supports the procurement activities in an organization right from the planning and purchasing to inventory management and quality control. If you are a material or production manager, a quality management professional or a business executive, you will find that SAP MM brings a lot of convenience to the overall manufacturing operations and automates several procedures that increase organizational efficiency by many folds. You can learn more about SAP and how the various modules come together in this course. and is fully integrated with the other modules of SAP R/3. The SAP MM supports various activities like purchasing, goods receiving, invoice verification, quality control, inventory management and vendor evaluation etc. It is the most important module for the day-to-day operations of a business and is closely related to the Finance, Production Planning, Quality Management and Sales & Distribution modules of SAP application. The SAP Material Management (MM) module is used for the entire supply-chain management, ranging from materials procurement, vendor management and inventory management to planning activities like consumption-based planning etc. SAP business application has several modules pertaining to the various functions in the organization.
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