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  • 48 Hours Offline & Online Classroom Sessions
  • 6 Months Complete Access
  • Certificate of completion
  • ASAP Methodology.   
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ERP MM

MM (Material Management)is an important module of the ERP ECC. It offers warehouse and inventory management facilities. These activities are important to any company. This is because materials management is a key function needed to sustain their supply chain. The main aim of this software is to ensure that the supply chain has no gaps. Plus, the software assists employees to make sure that the materials are available in appropriate quantities. MM (Material Management)  is a comprehensive module that helps companies to manage their procurement and inventory processes efficiently and effectively, enabling them to optimize their supply chain operations and achieve better visibility and control over their inventory.

4.8/5

What You will learn

The benefits of using the ERP MM module are:

  • Automates the procurement and material management activities to make the entire process smoother
  • Reduces operational costs
  • It reduces material costs by avoiding the storage of unwanted and obsolete goods
  • Minimizes inventory losses
  • Labour costs are reduced. This also helps in using labour efficiently
  • It increases product delivery time, which enhances customer satisfaction
  • Improves inventory management
  • The manufacturing cycle times are minimized

Who can go for this

There are no specific educational qualifications required to pursue MM (Materials Management) training. The most important thing is to have a passion for learning and a willingness to invest the time and effort needed to become proficient in MM.

 

Course Content

LESSONS

22

LECTURES

28

DURATION

48:00

  • Introduction to ERP
  • SAP Overview
  • Functions and Objectives Of MM
  • Overview Cycle of MM
  • Organizational structure of an Enterprise in the SAP R/3 System,
  • Creation of Organizational Elements – Company, Company code, Plant, Storage
  • Location, Purchasing Organization, Purchasing Group and Assignments.
  • Material Master
  • Vendor Master
  • Info Record
  • Source Determination
  • Material Master
  • Vendor Master
  • Info Record
  • Source Determination
  • Purchase Requisition
  • Purchase Order
  • RFQ – Request for Quotation
  • Outline Agreements
  • Define Document type
  • Define Number Ranges for Document Type
  • Define Screen Layout at Document Level
  • Creation of Characteristics
  • Creation of Class
  • Release Group, Release Codes, Release Indicator, Release Prerequisite, Release Strategies
  • Define Access sequence
  • Define Condition Types
  • Define Calculation Schema
  • Define Schema Group
  • Schema group vendor
  • Schema group purchasing organization
  • Assignment of Schema group to purchasing organization
  • Define Schema Determination
  • Determine Calculation Schema for Standard Purchase Orders
  • Creation of Service Master
  • Creation of Service PO
  • Creation of Service Entry Sheet
  • Invoice wref Service Entry Sheet
  • Goods Movement
  • Goods Receipt – GR
  • Goods Issue – GI
  • Transfer Posting – TP
  • Reservation
  • Types of PI processes
  • Creating Physical Inventory Document
  • Entering Physical Inventory Count
  • List of Inventory Differences
  • Post the Difference
  • Print Out PI Difference Report
  • Consignment
  • Stock transport order
  • Subcontracting
  • Pipeline
  • Returnable transport packaging – RTP
  • Third Party Processing
  • Introduction to Material Valuation
  • Split Valuation
  • Configure Split Valuation
  • Defining Global Categories (Valuation Category)
  • Defining Global Type (Valuation Types)
  • Defining Local Definition& Assignment (Valuation Area)
  • Basic Invoice Verification Procedure
  • Invoice for Purchase Order
  • Planned Delivery Costs
  • Unplanned Delivery Costs
  • Credit Memo
  • Blocking the Invoice
  • Releasing Blocked Invoices
  • Subsequent Debit/Credit
  • GR/IR Account Maintenance
  • Invoice for Tax, Discounts, Terms of Payment
  • Invoices for PO’s with Account Assignment
  • Parking Invoice
  • Invoice With reference to Service Entry Sheet
  • Integration of MM with SD
  • Integration of MM with PP

Mentor

Shardanand

Hi I am Shardanand and I am super excited that you are reading this.

Professionally, I am a Sap MM consultant with over all 20+ years of experience in Banking, Retail, Manufacturing Industry and other industry. As a MM consultant i have done ten implementation projects and twenty support projects.

I have trained so many candidates and now a days I leverage Sap MM to drive business strategy, revamp customer experience and revolutionize existing operational processes.  

From this course you will get to know how I combine my working knowledge, experience and qualification background in to deliver training step by step.  

  

Student feedback

4.5 OUT OF 5
4.8/5

Parul

5/5
1 year ago

Shardanand sir is a good instructor for MM module.. He cover all topic step by step. He provided very good study materials and high support provided by him for interview prepration. Thanks Palin provide me good facultiy.

Jaiparkesh

5/5
1 year ago

This is a very good place to jump start on your focus area. I wanted to learn MM. Shardanand who is the faculty, is an accomplished and learned professional. He is a very good trainer. This is a very rare combination to find. 

Instructor

Thank you Jaiparkesh…

Narender

5/5
1 year ago

Good environment and nice place for MM offline training. Trainer and staff is really supportive and they help me every time. Very supportive  regarding my assignments and they also help me in job placement also.

Instructor

Thanks Narender thank you very much.

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FAQ's

SAP stands for “Systems, Applications and Products in data processing” and it is the third  largest software company in the world. SAP provides end to end solutions for financials, manufacturing, logistics, distribution etc. Each SAP module is integrated with other modules. SAP System divided in to two types of modules such as functional modules and technical modules.

Pool of working professionals with several years experience in same field with different domains like banking, healthcare, retail, ecommerce and many more. 

Along with the high quality training you will get a chance to work on real time projects as well, with a proven record of high placement support.  We Provide one of the best online ERP MM training.

Its  Live interactive training, Ask your quesries on the go, no need to wait for doubt clearing.

you will have access to all the recordings, you can go through the recording as many times as you want.

Ask your questions on the go or you can post your question in group on facebook, our dedicated team will answer every query arises.

Yes we will help learners even after the subscription expires.

you can write your questions at info@palin.co.in we will address your questions there.

Our strong associations with top organizations like HCL, Genpact, Wipro, Dell, Birla soft, Tech Mahindra, TCS, IBM, etc. make us capable to place our students in top MNCs across the globe. We have placed thousands of students according to their skills and area of interest that makes us preferred SAP MM Training.

The company wants to tool SAP Module (Ex: FI/ HCM/MM/SD/PP etc.) for the first time. In application projects, advisors from various modules do configuration based on company requirements.

SAP MM is one of the modules which deals with supply chain solutions for an organization. Most of the companies are from different sectors such as Automobile, Oil and Gas, Consumer Products, Engineering, Construction, Operations, Healthcare, Industrial Machinery and Components, Telecommunications, Chemicals, Utility, Government Sector, and so on.

SAP MM offers real-time data processing and advanced analytics, enabling companies to make informed decisions and optimize their production processes. The module also supports industry-specific requirements and provides integration with other SAP modules like FICO (Finance), SD (Sales and Distribution), and PP (Production Planning) ect. 

SAP MM module is a critical component of the SAP ERP system and plays a vital role in the efficient management of procurement and inventory processes across industries.SAP MM module helps to manage the entire supply chain, from the procurement of goods from vendors to the delivery of products to customers. It also helps to manage inventory levels, ensuring that products are always available to meet customer demand.

The future of SAP MM (Materials Management) consultants looks promising as the demand for skilled SAP professionals is expected to grow in the coming years.

The demand for SAP MM consultants is expected to increase as more and more organizations are adopting the SAP ERP system to manage their procurement and inventory processes. This is especially true in industries such as manufacturing, retail, and pharmaceuticals, where efficient supply chain management is critical for success.

Integration of emerging technologies such as AI, machine learning, and blockchain create new opportunities for SAP MM consultants to explore.

The SAP ERP system is widely used across the globe, and the demand for SAP MM consultants is expected to grow in emerging markets such as Asia, Africa, and South America. This global reach provides opportunities for SAP MM consultants to work on international projects and gain exposure to diverse cultures and business practices.

SAP MM (Materials Management) training is suitable for anyone who is interested in pursuing a career in supply chain management or procurement, especially in organizations that use the SAP ERP system for managing their procurement and inventory processes. Fresh Graduates, Experienced Professionals, SAP End-Users & IT Professionals can do Sap MM training to expand their skillset and improve their job prospects. 

Yes, you can start a career as a fresher in SAP MM (Materials Management). SAP MM (Materials Management) training is suitable for anyone who is interested in pursuing a career in organizations that use the SAP ERP system. Starting a career in SAP MM as a fresher requires hard work, dedication, and patience. However, with the right qualifications, skills, and training, you can build a successful career in this field.

In SAP MM (Materials Management), Material Master is a central data repository that stores information about all materials that an organization procures, produces, or sells. It is a crucial element of the supply chain process, as it contains all the important data related to a material such as its description, classification, purchasing details, inventory data, and other relevant information.

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