Sap procurement modules9/27/2023 ![]() ![]() Inventory Management in SAP MM ModuleĪnother key area of the MM module is inventory management. The module provides a centralised repository of vendor information, which makes it easy to manage and compare vendor quotes. With the MM module, businesses can streamline their procurement processes, ensuring that they can purchase the materials they need in a timely and cost-effective manner. ![]() The MM module also helps businesses manage their procurement activities, such as source determination and vendor evaluation. ![]() This includes creating purchase requisitions, purchase orders, and contracts with vendors. One of the primary functions of the MM module is to manage procurement processes. It provides businesses with the tools they need to manage their supply-chain processes efficiently and effectively, from the initial purchase order to the final payment to the vendor. The SAP MM module covers a wide range of activities, including procurement, inventory management, invoice verification, and physical inventory. The MM module integrates with other SAP modules, such as Financial Accounting (FI) and Sales and Distribution (SD), to provide a comprehensive solution for supply chain management. It is designed to help businesses manage their procurement and inventory processes effectively. MM, or Material Management, is an essential module of the SAP enterprise resource planning (ERP) system. ![]()
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